What are the 7 keys of marketing?
What are the 7 keys of marketing?
The "7 Ps" of marketing are a classic framework often used to analyze and strategize marketing efforts. They are:
1- Product : The goods or services offered to meet customer needs or desires.
2- Price : The amount customers pay for the product.
3- Place : The locations where the product is available for purchase and how it is distributed.
4- Promotion : The methods used to communicate and persuade customers to buy the product.
5- People : The individuals involved in the marketing process, including customers, employees, and stakeholders.
6- Process : The procedures and systems used to deliver the product or service to customers.
7- Physical Evidence : The tangible elements that help customers evaluate the product or service, such as packaging, branding, and store ambiance.
These elements collectively shape a marketing strategy, helping businesses understand and meet customer needs effectively.