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What are the four P's of marketing?

It's a combination of the 4 P's and they are most basic terms of marketing called:-

1) Product

2) Price

3) Promotion

4) Place

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PRODUCT:-

when we talk about Product we mean things like the

  • Quality of the Products
  • The Design
  • The Packaging that's sold in
  • The Brand.

PRICE:-

Price not only refers to the retail price but also any discounts you accept payment plans are there any specific credit terms that the customer has to borrow money to buy your product. You should identify how much your customers are prepared to pay, your profit margins and payment methods, and other costs

PROMOTIONS:-

deals with any advertising that anything that gets the word out.

  • Personal selling is their sales people
  • Public relations
  • Emails Marketing

PLACE:- location of your store and what kind of store do you have!

- retail location

- a storefront

- do you deliver your own product

- the product can be downloaded from any site

basically all distribution methods.

let's take an example:-you want to sell Burgers, great!!

but first, you need to know your Target Market, Who are you going to sell burgers? Your target market will affect your 4P’s.

CASE 1) Without 4P's

You'll want a very high-end burger. You gave a super delicious Burger that sounds delightful. Você'vai ter que cobrar muito porque seu custo será alto 25$ para uma boa promoção pode ser um anúncio. Um lugar perfeito para vender o hambúrguer seria num lugar lotado. ok!!

Que no final das contas te dá todas as perdas mesmo em pequenos negócios

CASE 2) Com 4 P's

E se tivermos um mercado alvo diferente. Considere um hambúrguer vegetariano, Você ganhou'não será capaz de cobrar muito. o custo será apenas como 2$. você pode entregá-lo em qualquer local. muitas pessoas vão comprá-lo como você está dando boa qualidade a um preço menor.

>

e, em última análise, ele lhe dará muitos Lucros.

Isso's por que todos os P's Do marketing é tão importante.

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Estes não são apenas 4 P's de marketing. todos os aspectos do marketing são os seguintes:-

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Image source:- google!

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