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Marketing mix basically entails the set of strategies used by a company with the motive of promoting its product in the market. The four crucial elements of marketing mix are price, product, promotion and place and the subject is all about the independencies between these elements. Its importance lies in the fact that a proper marketing mix can lead to the success of a business while an improper marketing mix can lead to the downfall of the same. Students often face problems in understanding the proper tactics under the subject and the sole aim of Marketing Mix Homework Help is to provide guidance to all such students.
A detailed approach to marketing mix
Marketing mix is a business tool the principles of which are applied in marketing. The concept of four Ps is often extended to the concept of 7 Ps where three more factors are listed under marketing mix. They are packaging, positioning and people. The combinations of these are used to address consumer’s needs and to meet their satisfaction levels.
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