Question
Compare and contrast the four Ps (1. Product. Goods and services (creating offerings). 2. Promotion. Communication. 3. Place. Getting the product to a point at
Compare and contrast the four Ps (1. Product. Goods and services (creating offerings). 2. Promotion. Communication. 3. Place. Getting the product to a point at which the customer can purchase it (delivering). 4. Price. The monetary amount charged for the product (exchanging).) approach to marketing versus the value approach (creating, communicating, and delivering value). Select and examine these approaches for at least one routine and non-routine problem. What would you expect to be the same and what would you expect to be different between two companies that apply one or the other approach?
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