It's actually the 4 P's of Marketing:
Product
Place
Price
Promotion
The additional 3 P's are for service Marketing:
People
Process
Physical Evidence
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.
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
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.
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.
The six Ps of the marketing mix are as follows: Product Price Place Promotion People Performance
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.
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
The 4 PS or the 'marketing mix' are Product, Price, Place and Promotion.
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.
The classic four Ps classification of marketing mix variables (product, price, promotion, and place) emerged as a marketing principle.
The six Ps of the marketing mix are as follows: Product Price Place Promotion People Performance
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.
Process, People, Physial Environment
7p's of marketing mix for tourism
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."
pimps, price,prostitues are the 3 ps. rest four ps goes to hr
product price place promotion people packaging process