Qingjiang Yuan

pageicon Sunday Mar 02, 2008

The Four P's in Marketing Mangement



  1. Product - A good, service, or idea to satisfy the consumer's needs.  It
    includes the physical product and its packaging, or a service along
    with warrantees and guarantees.

  2. Price - What is exchanged for the product, usually money.

  3. Promotion  - A means of communication between the seller and buyer.  It consists
    of advertising, sales promotion, public relations, direct marketing,
    and personal selling.

  4. Place - A means of getting the product into the consumer's hands (via
    channels of distribution, e.g., wholesalers, retailers, etc.). Channel
    of distribution members help to physically move product from a
    manufacturer to the ultimate consumer via those wholesalers and
    retailers.

Comments:

The Four P's in Marketing Mangement

Product - A good, service, or idea to satisfy the consumer's needs. It
includes the physical product and its packaging, or a service along
with warrantees and guarantees.

Price - What is exchanged for the product, usually money.

Promotion - A means of communication between the seller and buyer. It consists
of advertising, sales promotion, public relations, direct marketing,
and personal selling.

Place - A means of getting the product into the consumer's hands (via
channels of distribution, e.g., wholesalers, retailers, etc.). Channel
of distribution members help to physically move product from a
manufacturer to the ultimate consumer via those wholesalers and
retailers.

Posted by Amit on September 23, 2008 at 06:22 AM PDT #

good

Posted by 202.160.162.179 on October 04, 2008 at 12:23 AM PDT #

its wonderful

Posted by Gopal Krishna on August 14, 2009 at 07:05 AM PDT #

good

Posted by pushpendra mishra on September 25, 2009 at 12:21 PM PDT #

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