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7Ps of Marketing Mix
7Ps of Marketing Mix
Marketing Mix
Marketing Mix
- Is a set of controllable and
connected variables that a
company gather to satisfy a
customer better than its
competitors.
- Basis of the 7 P’s.
PRODUCT
- Marketing strategy typically starts with product.
Produc Consum
3 er er
PRIC
Eservice
- The value of money in exchange for a product or
- PENETRATION PRICING
- Prices are set artificially low to gain market share.
PROMOTIO
- Refers to the complete set of activities, which
Ncommunicate the product, brand or service to the
user.
Example:
- Advertising, Personal Selling, Sales Promotion,
Direct Marketing, and Social Media.
PEOP
- Are the ultimate marketing strategy.
LE
- Your team, your staffs, your audience, and your
advertisers are the people in marketing.
1. Among the 7 P’s of the Marketing mix, which of these for you are the top
four (4) most important? Why?
2. Which among these 7 P’s for you is the least important? Defend your
answer.
Thank
you!