Marketing Mix
Seven P’s of Marketing
Price
Product
Placement
Promotion
People
Target Market - Consumers identified as potential customers or product users
Process
How the product is made and delivered
Physical Evidence
Business cards, shopping bag design, customer reviews
Marketing Plan
Helps define and quantify userbenefits, establishes the market size, as well as potential customer interest, and addresses the competition.
How potential customers can become aware
Define the message the retailer wishes to convey
How sales will be achieved
Relative to the competition