Wednesday, 13 July 2016

The marketing mix in marketing strategy: Product, price, place and promotion

The marketing mix is the set of controllable and marketing tools. It consists of everything that a company can do to influence demand for its product.

Following are the four Ps of marketing and  marketing tools:

  • Product
  • Price
  • Place
  • Promotion
  • Marketing tools

Marketing strategy:

The marketing strategy combines is designed to meet the company marketing objectives by providing its customers with value.

                   

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