People as part of the Marketing mix people are the most important element of any service or experience.
Services tend to be produced and consumed at the same moment, and aspects of the customer experience are altered to meet the individual needs of the person consuming it.
What is a marketing mix example
Marketing Mix Examples of Companies Dollar Tree leverages price as a factor by pricing everything in the store at $1 or lower.
This sends a strong signal to their target consumer that they’ll save money by shopping at their stores.
Another example of marketing mix is Tiffany & Co.
What is the difference between promotion and positioning
In positioning, the marketing department creates an image for the product based on its intended audience.
This is created through the use of promotion, price, place and product. The more intense a positioning strategy, typically the more effective the marketing strategy is for a company.
What are the twelve P’s of strategy
Product, Price, Place, Promotion, People, Process, and Physical Evidence.
What is 4C framework
The 4C Framework is composed of four elements: Customer, Competition, Cost, and Capabilities. The structure is useful to get a better understanding of the client and important during your case interview.
What are the 4 positioning strategies
There are four main types of positioning strategies: competitive positioning, product positioning, situational positioning, and perceptual positioning.
Who is known as the father of modern marketing
Philip Kotler, the Father of Modern Marketing, Will Never Retire.
What are the 4 types of segmentation
Demographic, psychographic, behavioral and geographic segmentation are considered the four main types of market segmentation, but there are also many other strategies you can use, including numerous variations on the four main types.
Who is the father of marketing mix
Edmund Jerome McCarthy (February 20, 1928 – December 3, 2015) was an American marketing professor and author.
He proposed the concept of the 4 Ps marketing mix in his 1960 book Basic Marketing: A Managerial Approach, which has been one of the top textbooks in university marketing courses since its publication.
What are the impacts of Pantawid pamilyang pilipino program 4ps to the beneficiaries
The program increased enrollment of young beneficiary children, and the attendance of children aged 6-17 years old.
Pantawid Pamilya also increased access to maternal and child health services and improved the health-seeking behaviors of beneficiaries.
Why product is the most important P
I believe this highlights why the product is the most important aspect of the four P’s of marketing – Product, Price, Place, and Promotion.
Without a product, you cannot implement any one of the other three elements of the marketing mix.
And great products are easy to market as they serve both a need and want.
Why is positioning important
Brand positioning creates clarity around who you serve. It also explains to your target audience why you are the best company for them and what sets your products or services apart.
It helps you justify your pricing strategy. The positioning of the brand can be used to justify a pricing strategy.
Why is Pantawid Pamilyang Pilipino Program important
The main goal of the Pantawid Pamilyang Pilipino Program is to break the inter-generational cycle of poverty by fostering change In behavior among parents to invest in their children’s (and their own) future (health, nutrition, education] because low schooling and high malnutrition rate are strongly associated with
Is Pantawid Pamilyang Pilipino Program effective
Social protection programs, Pantawid included, have cushioned the poor from the adverse impacts of various shocks the country experienced over the past six years.
A study estimates that the program has led to a poverty reduction of 1.4 percentage points per year or 1.5 million less poor Filipinos.
Sources
https://www.earlytorise.com/use-these-4-ps-to-sell-your-ideas/
https://www.forbes.com/sites/theyec/2022/01/14/what-brand-positioning-is-and-why-its-important-for-your-business/
https://www.feedough.com/marketing-mix-4ps-7ps-of-marketing/
https://www2.nau.edu/~rgm/ha400/class/professional/concept/Article-Mkt-Con.html
