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in order for your offering to meet consumer needs which of the 4p's of marketing is...

in order for your offering to meet consumer needs which of the 4p's of marketing is an ideal model for entrancing consumer satisfaction and why?

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Answer #1

Four P's of marketing are -

  • Product - Begininning with product, it is something that you want to offer to customer. Its uniqueness establishes the success of the marketing strategy.
  • Price - Pricing decision directly effect the demand and supply. After considering the product offering price determination play crucial role to make customer satified.
  • Promotion - It is about descibing the product to the consumers. Generally good promotion results in good profits.
  • Place - Understanding the ideal loaction for the product. Good marketing consist of putting the right product at right price to right place.

These Four P's of marketing play crucial role in taking product or services to the market.

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