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Marketing mix<br/>Marketing mix, often referred to as the 7Ps, is a fundamental concept in marketing that represents a set of tools and tactics used by businesses to promote and sell their products or services. The 7Ps stand for Product, Price, Place, Promotion, People, Process and Physical Evidence.<br/>Here's an overview of each component:<br/>Product:<br/>This refers to the physical product or service that a company offers to meet the needs and wants of its customers. It involves product design, quality, features, branding, and packaging. Understanding the product life cycle is also crucial in this context.<br/>Example:<br/>The iPhone is a line of smartphones designed and marketed by Apple Inc. It is known for its sleek design, advanced features, and integration with the Apple ecosystem. The product includes hardware specifications, software (iOS), and additional features such as the App Store and iCloud.<br/>Price:<br/>Price represents the amount of money customers are willing to pay for a product or service. Pricing strategies can vary, including penetration pricing, skimming pricing, discount pricing, and value-based pricing. Pricing decisions often consider factors such as production costs, competitor pricing, and perceived value.<br/>Example:<br/>Apple adopts a premium pricing strategy for the iPhone. Despite the higher cost compared to some competitors, the brand's reputation for quality and innovation justifies the price point. Apple often introduces new models at different price levels to cater to various customer segments.<br/>Place (Distribution):<br/>Place refers to the channels and methods used to make the product or service available to the target customers. Distribution channels can include direct sales, retail, e-commerce, wholesalers, and more. Effective distribution ensures that the product is available at the right place and time.<br/>Example:<br/>iPhones are available through various distribution channels, including Apple's own retail stores, authorized resellers, and telecommunications carriers. Apple's direct-to-consumer approach through its online and physical stores emphasizes the importance of customer experience in the purchase process.<br/>Promotion:<br/>Promotion involves the marketing and communication strategies used to create awareness and persuade customers to purchase a product or service. This includes advertising, public relations, sales promotions, personal selling, and digital marketing. The goal is to create a strong brand image and communicate the value of the product to the target audience.<br/>Example:<br/>Apple employs a mix of advertising, public relations, and digital marketing to promote the iPhone. High-quality and visually appealing advertisements showcase the product's features and highlight its unique selling points. Apple also relies on a strong brand image, product launches, and events to generate buzz and anticipation.
Marketing mix
⏲ 6:26 👁 350K
Jenny's Lectures CS IT
Functions in Python | Introduction | Python for beginners #lec56
⏲ 24 minutes 7 seconds 👁 54.8K
CodeWithHarry
Functions in Python | Python Tutorial - Day #20
⏲ 16 minutes 18 seconds 👁 299.3K
An influencer trains to become a lucid dreamer to battle against an evil force in her nightmare.<br/><br/>\
Vice Grip (2024) | Short Horror Film
⏲ 17:8 👁 315K
Nick McCullum
Python Functions - Practice Problems
⏲ 12 minutes 7 seconds 👁 9.7K
ArjanCodes
Functions vs Classes: When to Use Which and Why?
⏲ 10 minutes 49 seconds 👁 70.2K
Open3D is an open source library from Intel for rapid development of software that deals with 3D data. It provides both C++ and Python interfaces with similar or better performance than PCL as well as a simple and concise interface coupled with superior rendering capabilities. In this work, we present perception_open3d, a repository containing the library open3d_conversions that provides functions required for converting a ROS point cloud to an Open3D point cloud and vice versa. We also provide
ROS World 2020 Lightning Talk: Open3D Conversions
⏲ 1 min 16 sec ✓ 18-Nov-2020
Shradha Khapra
Lecture 6 : Functions & Recursion in Python | Python Full Course
⏲ 1 hour 1 minute 48 seconds 👁 96K
b001
Python Decorators in 1 Minute!
⏲ 1 minute 9 seconds 👁 248.3K
This planet, Tianyuan Realm, is owned by Origin Qi and is majestic and majestic. Origin Qi has the power to shift mountains, overturn seas, overturn the sky, and rule the universe of Yin and Yang. It is an adaptation of Tiancan Tudou's novel of the same name. An enemy nation with hundreds of millions of people threatened Zhou Yuan, a young man from the Great Zhou Dynasty.The dragon was \
Dragon Prince Yuan Ep 4 ENG SUB
⏲ 18:38 👁 1.5M
Bro Code
Python higher order functions 👑
⏲ 6 minutes 28 seconds 👁 17.6K
Python Simplified
Recursion Simply Explained with Code Examples - Python for Beginners
⏲ 9 minutes 7 seconds 👁 77.5K
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