The Four Ps of the Marketing Mix

THE FOUR Ps OF THE selling premix The quartet Ps of marketing and How They sham Products I Buy By Dona Modisette Student, Everest Online kinfolk 15, 2012 THE FOUR Ps OF THE MARKETING MIX The Four Ps of the Marketing Mix and How They Affect Products I Buy The Four Ps of the Marketing Mix argon 1) Product; 2) expense; 3) Place; and 4) Promotion. We will define the appendage of marketing victimisation the Four Ps. We will learn how this affects the things I buy. And we will examine how environmental factors influence the marketing of a crossroad. (William G. Nickels, 2013) 1). Product. The product is the dish up or stop that will be marketed 2. Price. The expenditure is the hail of the product. 3. Place. The place is where you will mete out the item or service. 4. Promotion. Promotion is what you can do to make hatful insufficiency to buy your product everywhere someone elses corresponding product. These elements argon importa nt to marketers because they determine your opportunity for success. For example, the product has to be something that someone else wants or needs. If there be in addition many kinds of the same product on the market, you may non be able to make a large teeming profit to justify the cost of production.

You may try to sell a product at too high a charge to find buyers or too low a price to make a profit. You may non ask the right place to sell what you want sold. A naturalize zone is non the place to put an adult tidings store. The ability to produce the item has to be carefully idea out. Some deal are willing to offer something at or below cos! t or just over cost to unwrap the public to the item. Sales are very much utilise for special occasions such as holidays or anniversaries or just monthly specials. THE FOUR Ps OF THE MARKETING MIX I think all elements of the Four Ps are important. In this economy, pricing is probably leading the way with a slight edge on the scale of importance to me. As much as I like the idea of not using a growth hormone on a chicken, I...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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