Understanding the Marketing Mix: The 4 P’s of Marketing
A marketing mix is a tool used to help companies understand what factors must be combined in order to meet their marketing goals and objectives. Eventually, this includes the 4 Ps of marketing: product, price, place, and promotion. Jerome McCarthy first proposed the 4P’s in his 1960’s textbook, Basic Marketing: A Managerial Approach. These factors/elements […]
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