The marketing environment has seven important elements to it. These elements include; social and cultural factors, political factors, the condition of the economy, media, logistics, competition and technology.
well in case of services there are three additional elements which are- process, physical environment and people. So there are 7 ps in case of marketing mix of services.
How the elements of marketing mix are implemented
Marketing environment includes internal, micro, and macro factors like competitors, customers, economy, technology, and culture. #HJSysweb
this is the question of module-2 pgdm (AIMA)
Components that make up the marketing environment are the competitive environment, political/legal environment, economic environment, technological environment, and social/cultural environment.
well in case of services there are three additional elements which are- process, physical environment and people. So there are 7 ps in case of marketing mix of services.
How the elements of marketing mix are implemented
Marketing environment includes internal, micro, and macro factors like competitors, customers, economy, technology, and culture. #HJSysweb
this is the question of module-2 pgdm (AIMA)
Components that make up the marketing environment are the competitive environment, political/legal environment, economic environment, technological environment, and social/cultural environment.
The internal marketing environment is commonly referred to as the micro marketing environment. These are the small forces that will influence the ability to attend to clients within a company.
The marketing environment refers to the state of marketing surrounding the business. Current trends in marketing help determine a business's strategy.
It is green marketing.
Yes, consumers and the marketing environment are mutually inclusive; they influence and shape each other. The marketing environment, which includes factors like competition, economic conditions, and cultural trends, directly affects consumer behavior and preferences. Conversely, consumer demands and feedback can drive changes in marketing strategies and the overall business landscape. This interdependence highlights the importance of understanding both elements for effective marketing.
International Paper's environmental sustainability and green marketing encompasses the complete forest environment: air, plants, soils, trees, and wildlife.
components of marketing audit
environmental marketing is the marketing of products that are Eco friendly and do not damage the environment