Meridian RRSP
Meridian RRSP charges individuals based on the type of account held and the period. Depending on the plan, Meridian RRSP provides individuals with an option to choose a payment plan that works best for them. The longer the period it takes, the more expensive is the cost of the mortgage. For instance, a fixed-rate mortgage of six months convertible charges 4.0% while a fixed-rate mortgage of 4-year closed charges a low rate of 2.89%. The same strategy applies to all other products.
Place Plan
The place mix of the marketing mix outlines how the business reaches the clients. Meridian RRSP reaches customers online and though various offices located im different parts of the country. The online platform provides users with an opportunity to access products and services at the comfort of their homes. Users have to log into the main website to create an account of their choice and start enjoying various products and services. Besides, Meridian RRSP delivers services to users through representatives and agents located in various parts of the country. Don't use plagiarised sources.Get your custom essay just from $11/page
Promotion Plan
The promotion mix includes promotional variables a business use to attain marketing goals. Some of the elements of the promotion mix, including direct selling, public relation, advertising, internet marketing, and sales promotion. Meridian RRSP uses public relations, internet marketing, and sales promotion as major elements of the promotion mix. Pubic relations involve efforts to maintain a favorable image in the public eye. With the growth of the internet and social media, Meridian RRSP uses various social media platforms, among them Facebook, Twitter, Linkedin, Instagram, and YouTube channel, to market its products. Social media offers a cost-effective and cheaper platform for Meridian RRSP to engage with current and potential customers…..