4 Ps of Marketing Assignment Help
Marketing is an extremely vast subject with multiple elements and sub-topics. It is an integral part of every form of business from the earliest times. The students studying marketing in school or college have to go through multiple assignments and case studies as a part of their curriculum. This is where they can take the support of the 4 Ps of marketing assignment help by EssayCorp.
The marketing mix is a part of marketing which is utilized by marketers as a business tool which is essential for deciding an offer of brands or product. The 4 Ps of marketing is part of the marketing mix and was proposed by E. Jerome McCarthy in 1960. It discusses the four important factors that are necessary for any marketing campaign to function.
Marketing is the activity of a company that is associated with buying and selling a product or service. It includes advertisements, selling, and delivering products to people. The aim of marketing companies is to get the attention of target audiences by using slogans, the design of packets, general media exposure, and celebrity endorsements. But the subject marketing involves many intrications that constantly trouble the student. The assignments in this theory subjects can be especially taxing because of the vast amount of theory involved in the subject. The students who have opted for the subject area in a constant dilemma because of the number of assignments and homework assigned; which they cannot cope up with. Therefore to assist the student we provide the 4 Ps of marketing assignment help. There are several other services that our expert writers provide, services as homework help, assignment help, essay writing, thesis writing, dissertation writing, etc.
4 Ps of Marketing Assignment Help
Marketing is an extremely vast subject with multiple elements and sub-topics. It is an integral part of every form of business from the earliest times. The students studying marketing in school or college have to go through multiple assignments and case studies as a part of their curriculum. This is where they can take the support of the 4 Ps of marketing assignment help by EssayCorp.
The marketing mix is a part of marketing which is utilized by marketers as a business tool which is essential for deciding an offer of brands or product. The 4 Ps of marketing is part of the marketing mix and was proposed by E. Jerome McCarthy in 1960. It discusses the four important factors that are necessary for any marketing campaign to function.
Marketing is the activity of a company that is associated with buying and selling a product or service. It includes advertisements, selling, and delivering products to people. The aim of marketing companies is to get the attention of target audiences by using slogans, the design of packets, general media exposure, and celebrity endorsements. But the subject marketing involves many intrications that constantly trouble the student. The assignments in this theory subjects can be especially taxing because of the vast amount of theory involved in the subject. The students who have opted for the subject area in a constant dilemma because of the number of assignments and homework assigned; which they cannot cope up with. Therefore to assist the student we provide the 4 Ps of marketing assignment help. There are several other services that our expert writers provide, services as homework help, assignment help, essay writing, thesis writing, dissertation writing, etc.
Marketing Strategy and Plan
The fundamental goal of the marketing strategy is to increase sales and achieve a sustainable competitive advantage. Marketing strategy includes all short-term activities, long-term activities, and all basic activities in the field of marketing.
A marketing plan is a business document that is written to describe the current position of the market and its strategies for the period covered by the marketing plan. Marketing plan usually covers a period of one to five years.
Marketing Mix and our 4 Ps of Marketing Assignment Help
A marketing mix is a tool that is used by marketers in marketing. The term marketing mix refers to the set of tactics or actions. A company uses these actions to promote its brand or product in the market. The four Ps that make up a marketing mix are product, price, promotion, and place. As interesting as these topics can be, the assignments on them can be burdensome.
Marketing is a subject that involves many concepts and theories that can at times be obtuse; even for the best of the students, simply because of the words that you have to present in the assignment. The student may be caught in the dilemma - as to which assignment to do first and which one to leave for the last moment or take a loss on. In such a case, our 4 Ps of marketing assignment help can be sought at a very reasonable price.
There are other engagements that require the attention of the student, these lengthy assignments can be a hindrance in performing those tasks. We at EssayCorp have been providing the 4 Ps of marketing assignment help for a long time now; we also provide homework help, thesis, dissertations, essays, online tests, etc. among other services.
How to Use 4 Ps of Marketing?
A series of questions designed to help define the marketing mix.
- What are the customer expectations of your service or product?
- How will your product meet those expectations?
- How will you differentiate your product from your competitors?
- Current interactions with your clients?
In our 4 Ps of marketing assignment help, there are several such topics discussed in detail with case studies, we do not just assist the student to achieve the best grade, but we do so by enhancing the learning experience. The students can go through the assignments they receive back and learn from it which otherwise might be a cumbersome task.
4 Ps of Marketing Mix
- Product - Services or goods which are sold to consumers through which their needs are satisfied is referred to as a product. It is the most basic element to start a business. The marketers study the growth phase, maturity phase, and the decline phase of a product lifecycle to analyze the importance of the specific products and strategies related to their sales. To develop the right product; analyze and answer the following questions:
- What does the customer want from the product or service?
- How will the customer use it?
- What features you should add to your product to meet the customer requirement?
- Name of the product?
- Different sizes and colors of the product?
- Are you adding any unnecessary feature that is not needed by the client?
- Price - The price is the amount which is paid by the customer for a service or a product. It decides the profit of the business due to which it is the soul of a business. Neutral pricing, market penetration pricing, and market skimming pricing are considered as the three major strategies associated with the pricing of a specific product. The cost of raw materials, manpower, machinery, and promotions, etc. are considered while deciding the price of a product. Ask some important questions to yourself while setting the price of your product:
- How much have you invested in the production of that product?
- What is the customer expected price for that product?
- Can a slight decrease in price, increase your market share?
- Does the current price of your product affect your competitors?
- Promotion - It comprises of methods which make sure that awareness of the product is made among the potential consumers through various channels of communication. Public relations, advertising, sales promotion, online marketing, events and banner ads, etc. are some of the mediums which are utilized by marketers for promoting a product. A proper promotional strategy boosts the sale in an exponential manner which helps a company in achieving its objectives. Answer the following questions for an effective promotion strategy:
- The correct and suitable time to launch/promote your product.
- How to reach your audience or buyers (television ads, celebrity endorsement, or general media exposure)?
- What promotion strategy your competitors are applying?
- Place - It is the place of distribution of products among the customer. The type of product, target users, price, and availability of resources generally decide the place of selling and distribution of particular service or goods. Franchises, direct selling and exclusive distribution, etc. are major elements of the placement of products. Answer these questions before developing your distribution strategy:
- How will you access the different distribution channels?
- Do you need an online store to sell your product?
- What kind of stores do your clients go to? Whether a mall, mortar store, supermarket, or online?
Importance of Marketing Mix
All the elements of the marketing mix affect each other. They make a business plan for a company to give it a great success. But if handled wrong, then the business could take years to recover.
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