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Monday, February 25, 2013

The Four Ps of the Marketing Mix

THE FOUR Ps OF THE selling MIX

The Four Ps of marketing and How They sham Products I Buy
By Dona Modisette
Student, Everest Online
Sept 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) Price; 3) Place; and 4) Promotion. We will define the appendage of marketing using the Four Ps. We will examine 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 service or stop that will be marketed
2. Price. The price is the cost 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 want to buy your product everywhere someone elses similar product.
These elements argon important 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 are 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.

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You may try to sell a product at too high a price to find buyers or too low a price to make a profit. You may non ask the right location to sell what you want sold. A naturalize zone is not the place to put an adult tidings store. The ability to promote the item has to be carefully idea out. Some people are willing to offer something at or below cost or just over cost to introduce the public to the item. Sales are very much used 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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