Question
This section is essentially a detailed analysis of the marketing mix factors (the 4 Ps) and should be fairly well defined in the previous sections.
This section is essentially a detailed analysis of the marketing mix factors (the 4 P’s) and should be fairly well defined in the previous sections. Subheadings are as follows:
Subheading #1 – Product Strategy – include description of the product line, the unique product quality packaging, etc.
Subheading #2 – Price Strategy – define the price, the rationale/justification for the price point, etc.
Subheading #3 – Promotion Strategy – outline how the product will be marketed to your target market.
Subheading #4 – Place (Distribution) Strategy – consider the current distribution and how changes may need to be made based on any projected increase in sales volume.
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FOUR Ps Product Product refers to a good or service that a company offers to customers Ideally a product should fulfill existing consumer demand Or a ...Get Instant Access to Expert-Tailored Solutions
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Global Marketing
Authors: Svend Hollensen
7th edition
1292100117, 1292100111, 9781292100142 , 978-1292100111
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