The document discusses marketing mix and defines it as the collection of tools and strategies a business uses to get the right product in front of the right customers at the right time and price. These tools include product, price, place, and promotion, which together make up a business' overall plan to reach potential customers and convert them into buyers. The marketing mix implements a company's marketing strategy by focusing on tactical execution.
The document discusses marketing mix and defines it as the collection of tools and strategies a business uses to get the right product in front of the right customers at the right time and price. These tools include product, price, place, and promotion, which together make up a business' overall plan to reach potential customers and convert them into buyers. The marketing mix implements a company's marketing strategy by focusing on tactical execution.
The document discusses marketing mix and defines it as the collection of tools and strategies a business uses to get the right product in front of the right customers at the right time and price. These tools include product, price, place, and promotion, which together make up a business' overall plan to reach potential customers and convert them into buyers. The marketing mix implements a company's marketing strategy by focusing on tactical execution.
the right time and for the right price." What is Marketing Mix the collection of tools and strategies a business will use to do just that: get its products to customers who are ready and able to buy them. a business' overall game plan for reaching prospective consumers and turning them into customers of the products or services the business provides. Marketing strategy and marketing mix are related elements of a comprehensive marketing plan. While marketing strategy is aligned with setting the direction of a company or product/service line, the marketing mix is majorly tactical in nature and is employed to carry out the overall marketing strategy.