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- 4p management modelThe 4P management model refers to the four essential factors involved in marketing a product or service to the public123. These are:
- Product: What you are offering to the market.
- Price: How much you charge for the product.
- Place: Where and how you distribute the product.
- Promotion: How you communicate and advertise the product.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.4p management modelKey Takeaways
- The four Ps are the four essential factors involved in marketing a product or service to the public.
- The four Ps are product, price, place, and promotion.
www.investopedia.com/terms/f/four-ps.asp4p management modelThe principle of the 4P Matrix is that marketing decisions usually fall into four controllable categories: product, place, price and promotion. Carefully positioning your product in each category will generate the greatest response from your target market.www.business.org/marketing/sales/marketing-101-…4p management modelThe four Ps are product, price, place, and promotion. They are an example of a marketing mix, or the combined tools and methodologies used by marketers to achieve their marketing objectives. The 4 Ps were first formally conceptualised in 1960 by E. Jerome McCarthy in the highly influential text, Basic Marketing, A Managerial Approach [ 1 ].www.coursera.org/gb/articles/4-ps-of-marketing - People also ask
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