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Marketing mix<br/>Marketing mix, often referred to as the 7Ps, is a fundamental concept in marketing that represents a set of tools and tactics used by businesses to promote and sell their products or services. The 7Ps stand for Product, Price, Place, Promotion, People, Process and Physical Evidence.<br/>Here's an overview of each component:<br/>Product:<br/>This refers to the physical product or service that a company offers to meet the needs and wants of its customers. It involves product design, quality, features, branding, and packaging. Understanding the product life cycle is also crucial in this context.<br/>Example:<br/>The iPhone is a line of smartphones designed and marketed by Apple Inc. It is known for its sleek design, advanced features, and integration with the Apple ecosystem. The product includes hardware specifications, software (iOS), and additional features such as the App Store and iCloud.<br/>Price:<br/>Price represents the amount of money customers are willing to pay for a product or service. Pricing strategies can vary, including penetration pricing, skimming pricing, discount pricing, and value-based pricing. Pricing decisions often consider factors such as production costs, competitor pricing, and perceived value.<br/>Example:<br/>Apple adopts a premium pricing strategy for the iPhone. Despite the higher cost compared to some competitors, the brand's reputation for quality and innovation justifies the price point. Apple often introduces new models at different price levels to cater to various customer segments.<br/>Place (Distribution):<br/>Place refers to the channels and methods used to make the product or service available to the target customers. Distribution channels can include direct sales, retail, e-commerce, wholesalers, and more. Effective distribution ensures that the product is available at the right place and time.<br/>Example:<br/>iPhones are available through various distribution channels, including Apple's own retail stores, authorized resellers, and telecommunications carriers. Apple's direct-to-consumer approach through its online and physical stores emphasizes the importance of customer experience in the purchase process.<br/>Promotion:<br/>Promotion involves the marketing and communication strategies used to create awareness and persuade customers to purchase a product or service. This includes advertising, public relations, sales promotions, personal selling, and digital marketing. The goal is to create a strong brand image and communicate the value of the product to the target audience.<br/>Example:<br/>Apple employs a mix of advertising, public relations, and digital marketing to promote the iPhone. High-quality and visually appealing advertisements showcase the product's features and highlight its unique selling points. Apple also relies on a strong brand image, product launches, and events to generate buzz and anticipation.
Marketing mix
⏲ 6:26 👁 350K
Sinthia Rahman
চলে এসেছি আমরা নতুন VLOG নিয়ে 👩🏻🧔🏻👧🏻 ❤️❤️
⏲ 26 minutes 42 seconds 👁 9.2K
CBC News: The National
Social media's impact on teens' body image
⏲ 8 minutes 7 seconds 👁 18.6K
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Cute cat shorts and viral_Reels follow me friends please support my channel #viral_Reels #fun4k #funny #kids #USA
⏲ 0:22 👁 115K
Dehati Comedy NDJ
आश्रम - New Haryanvi Comedy | Kasuta Haryana Comedy 2024 | Dehati Comedy NDJ #DCN
⏲ 22 minutes 46 seconds 👁 1.8K
Tony u0026 Chelsea Northrup
REAL Canon R1 SPECS + Lumix uses NIKON photos!
⏲ 17 minutes 53 seconds 👁 20K
A woman travelled around Australia to recreate her parents' holiday photos - 30 years after they visited the country.<br/><br/>Deni Jessica, 30, always loved the pictures on the walls of her family home of her mum, Ceri Baker, 62, and late dad, Clive Smith, 59, on holiday in Australia in 1990.<br/><br/>Deni and her boyfriend, Matt Carcer, 34, a seller hand, flew to Sydney, Australia, for their own travels - and decided to recreate her parents and grandparents' pictures. <br/><br/>Their two-year adventure around Australia took them to Sydney, Canberra, Brisbane and Melbourne.<br/><br/>Deni posed at Uluru, the Blue Mountains and Australia Zoo - to replicate the snaps her parents had taken. <br/><br/>She also recreated their picture from a holiday in Barcelona, Spain, in 2023.<br/><br/>Deni, a professional traveller, from Swansea, Wales, said: \
Woman recreates her parents' holiday photos 30 years on
⏲ 0:39 👁 170K
ESPN
Drone footage captures surreal images of Boston Celtics championship banners ahead of NBA Finals 🎥🏆
⏲ 1 minute 33 seconds 👁 4.4K
Voyager
Neil deGrasse Tyson Breaks Silence On Webb Telescope's Shocking New Image!
⏲ 15 minutes 41 seconds 👁 246.1K
Habaneceres is a Cuban documentary film, directed in 2001 by Luis Leonel León. The documentary received awards at film festivals and was selected by the Cuban Film Press Association, affiliated with the International Federation of Film Press (FIPRESCI), as the best film of 2001 in its genre.<br/><br/>Plot<br/><br/>The film's protagonist is Havana, used by the filmmaker in a symbolic way to expose the \
Habaneceres
⏲ 21:59 👁 175K
Vox
These photos ended child labor in the US
⏲ 6 minutes 36 seconds 👁 1.6M
TIKTOK FUN
HOT girls photos pt#3 best reactions funny pranks by russian prank boy Qylek
⏲ 1 minute 6 seconds 👁 30.9K
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