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The main factors which could influence the marketing mix are:
- Finance:
The business should consider how much money is to be spent on marketing.
- Needs of the market:
The business should continue to carry out market research as the business grows, as the needs of customers change over time.
- Competitors:
The marketing mix can be used as a response the actions of actions of competitors in the market. This may include introducing a rival product or matching new prices.
- Technology:
The business may change where goods are brought and sold, according to changes in technology. An example of this is the major source of business, the internet.
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What are factors of marketing mix discuss it?
What are factors of marketing mix discuss it
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 factors affecting marketing research?
TimeLanguageMethod UsedResourcesManagerial influence.
What are the macro and micro environmental factors that might influence marketing decisions?
assignment on micro environment factors that affect marketing decision making
What are the internal factor that affects the marketing mix in a business?
There are many internal factors that affect the marketing mix in a business. The most obvious ones include price, place, promotion and the product.
What are factors of marketing mix discuss it?
What are factors of marketing mix discuss it
Different factors in the 4Ps maximise marketing mix?
There are different factors in the 4Ps which help to maximize marketing mix. The main factors are price, product, promotion and the place which actually form 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 factors affecting marketing research?
TimeLanguageMethod UsedResourcesManagerial influence.
What are the macro and micro environmental factors that might influence marketing decisions?
assignment on micro environment factors that affect marketing decision making
What are the internal factor that affects the marketing mix in a business?
There are many internal factors that affect the marketing mix in a business. The most obvious ones include price, place, promotion and the product.
What are the seven external factors that could influence the business and marketing and the meaning of them?
The objective case of they. See They.
What is Starbucks marketing mix?
What is Starbucks marketing mix?
Discuss the factors influencing product mix?
There are a few factors that influence product mix . The main few are changes in the demand in the market , what is costs to produce the product , and financial generation.
What are 4 external environmental factors that influence marketing strategy?
Political, Economic, Social, and Technological analysis
What are the objectives of marketing mix?
the objectives of the marketing mix is to excrete
Which is not an element of marketing mix?
quality is not the element of marketing mix....=)
