Fundamentals of Marketing Basics (Part 1)
The Four P’s Of Marketing are known as:
The Four P’s Of Marketing #1: Product – The product is the thing, item or service that the client or consumer wants or needs.
The Four P’s Of Marketing #2: Price – The price is what is given in exchange for the product. This is usually monetary but can be in barter.
The Four P’s Of Marketing #3: Promotion – Promotion is all of the ways and methods that are used to communicate and provide information to the different parties concerning the product. Promotion typically consists of things like, public relations, sales promotions, personal selling and advertising
The Four P’s Of Marketing #4: Place – The place is the location whether brick and mortar or virtual that will provide the product or service. This should be a place that is convenient in relation to the consumer.
Key marketing terms and concepts. More free learning resources: http://howtomarketing.us
Duration : 0:9:5
Originally posted 2015-12-31 06:26:58.