Thursday 11 October 2012

7 P's Of The Marketing Mix

Product USP-The ‘Unique Selling Proposition’ states clearly the features and benefits that make your offer different from your competitors.

Place-Where your product/service is sold to customers. Also how it is distributed to that place

Price- What you can charge for it in the market based on costs and value to the customer.

Promotion- The means to make potential customers aware of your offer

People- Your staff or representatives. Customer service and after-care that builds customer loyalty.

Process-The procedures that your company uses to deliver your offer have a role in building your brand.

Physical Environment- Your workplace, showroom or retail presence sets an impression of your business to your customers, suppliers and staff.

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