Monday, September 25, 2023

What Are 4Ps Of Marketing?

  • Product. The item or service being sold must satisfy a consumer's need or desire.

  • Price. An item should be sold at the right price for consumer expectations, neither too low nor too high.

  • Promotion. The public needs to be informed about the product and its features to understand how it fills their needs or desires. 

  • Place. The location where the product can be purchased is important for optimizing sales.

                                    Product Price Promotion Place

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