answersLogoWhite

0

The 4 P's of the marketing mix are Product, Price, Place, and Promotion. Product refers to the goods or services offered to meet customer needs. Price involves the strategy for setting a price point that reflects the product's value and market demand. Place pertains to the distribution channels used to deliver the product to consumers, while Promotion encompasses the marketing communications and strategies used to raise awareness and persuade customers to purchase. Together, these elements help businesses effectively reach and satisfy their target markets.

User Avatar

AnswerBot

3mo ago

What else can I help you with?

Related Questions

What is marketing mix And seven p's of marketing?

The marketing mix has two variations, the 4ps, and more recently the 7 ps. Below are the Ps in order (1 to 4 the 4 ps, 5 to 7 the additional 3 that make the 7 ps):ProductPricePlacePromotionPeopleProcessPhysical EvidenceThe marketing mix was coined by Neil Borden in 1948 in an article entitle "the concept of the marketing mix" which referred to these 4 or 7 elements as ingredients in a recipe.


What are the 4ps in marketing?

The 4 PS or the 'marketing mix' are Product, Price, Place and Promotion.


What are the marketing strategies of siomai house?

The marketing strategies of Siomai House are founded on the 4 Ps of marketing. The 4 Ps stand for price, place, promotion and product and is commonly referred to as the marketing mix.


What is the marketing mix?

The market mix is often referred to as the 4 Ps or the 7 Ps, which are in order:ProductPricePlacePromotionPeopleProcessPhysical EvidenceThe term marketing mix was coined by Neil Borden in 1948 in an article entitled "the concept of the marketing mix" which referred to the 4 or 7 Ps as ingredients within a marketing recipe, which can be use to follow existing recipes, or create new recipes.There is a good infographic called 'The Marketing Mix Made Easy' which explains the marketing mix in more detail, you can find this at http://www.zeno-marketing.co.uk/marketing-clinic/2012/7/5/marketing-mix-made-easy.html


What are the 72p in marketing mix?

The marketing mix is traditionally defined by the 4 Ps: Product, Price, Place, and Promotion. However, the extended marketing mix for services includes three additional Ps: People, Process, and Physical evidence, totaling 7 Ps. In some frameworks, additional elements such as Packaging, Positioning, and Performance are included, leading to concepts like the 72 Ps, which encompass a broader range of marketing strategies and considerations. These elements collectively help businesses create, communicate, and deliver value to their customers.


Is Polaris PS-4 oil a synthetic oil?

Yes PS-4 is a synthetic oil.


4 PS of marketing?

The 4 PS of marketing are- P-product P-place P-price P-promotion


Is the PS 4 out yet?

ys


What is another word for marketing mix?

Another word for marketing mix is the "4 Ps," which stands for Product, Price, Place, and Promotion. This term encapsulates the key elements that businesses use to strategize and implement their marketing efforts. The concept can also be referred to as the "marketing strategy" or "marketing framework."


Do you have the schematics for the Pro Logic PS-4?

No


What weight is ps-4?

1000000 pounds :)


Is assassins creed 4 an actual game for the PS Vita or is it only remote play?

Assassins creed 4 is an actual game for the PS Vita