Tuesday 17 November 2009

marketing mix(7p's)

DEFINITION: The term marketing mix refers to the primary elements that must be attended to in order to properly market a product or service. the marketing mix for physical goods is generally accepted to be made up of four parts. (the 4 p's), namely: product, price, promotion and place. with services included there are three other namely: people, process, physical evidence. which makes it the 7p's.

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