The marketing mix is a compiled list of 4 main basic components you want to implement or analyze for your marketing campaigns. This to many marketers is referred to as the four Ps. Product, Pricing, Placement, and Promotion.
P1.) Product:
How the product is packaged. The overall performance of the product/service. The design and structure of the product.
P2.) Pricing:
How may the pricing affect the consumer?
P3.) Placement:
How and where your potential customers can purchase your product/services. Where and how many points of distribution will there be?
P4.) Promotion:
How and where will advertising take place. What will be the costs and rewards of the chosen advertising medias? Market analysis.
quality is not the element of marketing mix....=)
anal
The first element in the marketing mix is the product.
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product
quality is not the element of marketing mix....=)
anal
The first element in the marketing mix is the product.
ggtgt
The marketing mix will help business managers attract more customers to the business. With more customers, they can sell more of their products. This process links the marketing mix to the marketing strategy.
product
Price
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Promotion
Marketing mix refers to the 4 P's of marketing. These are product, price, place and promotion. Marketing strategy should implement the 4 p's in an effective manner. For instance if a fast food chain wants to open up in Asia, it needs to see the place and target price for the customers. Similarly is a sunscreen product is offered to places in the North pole, it will fail because there is no match with the marketing mix and the strategy.
Service level
Service level