7 Ps of Marketing Mix MarketingMix Explained Marketing CourseExample
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7 P's of the marketing mix is a comprehensive framework used in marketing management, particularly for services. This concept is pivotal in business studies and is extensively covered in marketing courses. The 7 P's include Product, Price, Place, Promotion, People, Process, and Physical Evidence. Each element plays a crucial role in crafting a successful marketing strategy. • People: Highlights the importance of employees and customer service in delivering the product. • Process: Refers to the systems and procedures that deliver the product to the customer. • Physical Evidence: Tangible proof that the service was delivered, such as receipts or packaging. • Product: Defines what the company offers to satisfy customer needs. • Price: Involves setting a price that reflects the product's value and market demand. • Place: Ensures that the product is available where and when customers want it. • Promotion: Encompasses all activities that communicate the product's benefits and persuade customers to buy it. • LIKE.COMMENT.SHARE SUBSCRIBE • Follow us on social handles - • Facebook: https://www.facebook.com/profile.php?id=61... • Instagram: https://www.instagram.com/teachers_duo2024 • #marketing #marketing101 #growbusiness #7ps #marketingconcepts #marketingmanagement #bba #commerce #12th #maslows_hierarchy_needs #marketingstrategy
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