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Basic Principles of Marketing Assignments Covered By Us

Marketing principles were extended from the 4Ps to the 7Ps in the 1980s. The extended marketing mix includes the product, price, place, promotion, people, process, and physical evidence.

The marketing mix is a set of tools that can be used to achieve marketing objectives. The marketing mix consists of four elements: product, price, place, and promotion.

Product: The first element of the marketing mix is the product. A company needs to offer a product or service that meets the needs of its target market.

Price: The second element of the marketing mix is price. A company needs to set a price that meets the needs of its target market.

Place: The third element of the marketing mix is place. A company needs to make its product available in the places where its target market shops.

Promotion: The fourth element of the marketing mix is promotion. A company needs to promote its product in a way that meets the needs of its target market.

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Some of the Marketing Principles Covered in Our Assignment Help

Some of the basic marketing principles covered by our marketing principles assignment help include: -

  • Segmentation: - The process of dividing a market into groups based on share Characteristics.
  • Targeting: - The process of choosing which segments to target.
  • Positioning: - The process of creating a unique, differentiated offering for each targeted segment.
  • Branding: - The process of creating and managing a brand.
  • Marketing mix: - The set of marketing tools that the company uses to pursue its marketing objectives in the target market.

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