Create a concept map for the 7Ps of marketing mix.
1. Create a concept map for the 7Ps of marketing mix.
Answer:
The 7Ps of Marketing Mix describes a set of seven aspects that are important to be considered as you appraise or analyse the market you either are in or would like to enter
Explanation:
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2. sample of concept map of 7p's of marketing mix
Answer:
Product
Place
Price
Promotion
People
Packaging
Positioning
3. ceate aconcept map for the 7ps of marketing mix in the box provided
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4. Among the identified 7P's of marketing, which do you think are the three most appropriate marketing mix in a sri-sari store business, and why?
Answer:
The marketing mix is an acronym that encompasses 7Ps: Product, Place, Price, Promotion, Physical Evidence, People, and Processes.Explanation:
f o l l o w me for more answerAnswer:
Inapropriate daw po ehh
5. Importance of 7P's in marketing mix. Cite an importance of each p's
Answer:
What is the importance of marketing mix in business?
Identifying and arranging the elements of its marketing mix allows a business to make profitable marketing decisions at every level. These decisions help a business: Develop its strengths and limit its weaknesses. Become more competitive and adaptable in its market.
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6. 2. Identify the Marketing Mix (7P's) in relation to the business opportunities,
Answer:
These seven are: product, price, promotion, place, packaging, positioning and people. As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you're on track and achieving the maximum results possible for you in today's marketplace.7. what is the meaning of 7P's of Marketing Mix
Answer:
The 7P's in Marketing Mix are:
Product-To begin with, develop the habit of looking at your product as though you were an outside marketing consultant brought in to help your company decide whether or not it’s in the right business at this time.
Prices-The second P in the formula is price. Develop the habit of continually examining and reexamining the prices of the products and services you sell to make sure they’re still appropriate to the realities of the current market.
Promotion-The third habit in marketing and sales is to think in terms of promotion all the time.
Place-The fourth P in the marketing mix is the place where your product or service is actually sold.
Packaging-The fifth element in the marketing mix is the packaging. Develop the habit of standing back and looking at every visual element in the packaging of your product or service through the eyes of a critical prospect.
Positioning-The next P is positioning. You should develop the habit of thinking continually about how you are positioned in the hearts and minds of your customers.
People-To begin with, develop the habit of looking at your product as though you were an outside marketing consultant brought in to help your company decide whether or not it’s in the right business at this time.
Explanation:
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8. What is the 7ps in marketing?
Answer:
marketing strategy
Explanation:
These seven are: product, price, promotion, place, packaging, positioning and people.
9. a.7P's of marketing mix?
The 7 Ps of Marketing✍These seven are: product, price, promotion, place, packaging, positioning and people. As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you're on track and achieving the maximum results possible for you in today's marketplace.
10. what is the importance of marketing mix (7Ps) in the development of marketing strategy?
Answer:
Today, it's recommended that the full 7Ps of the marketing mix are considered when reviewing competitive strategies. The 7Ps helps companies to review and define key issues that affect the marketing of its products and services and is often now referred to as the 7Ps framework for the digital marketing mix.
11. patulong naman po sa please7ps marketing mix relate to each other
Answer:
The 7 P's of marketing include product, price, promotion, place, people, process, and physical evidence. Moreover, these seven elements comprise the marketing mix. This mix strategically places a business in the market and can be used with varying levels of force.
Explanation:
Correct me if I'm wrong
12. Describe marketing mix (7P’s). How does it contribute to the success of the company?
Answer:
The 7 P’s of marketing include product, price, promotion, place, people, process, and physical evidence. Moreover, these seven elements comprise the marketing mix. This mix strategically places a business in the market and can be used with varying levels of force. This is to ensure the target audience is satisfied, value perception is accurate, and to stand out from competitors. Implementing these P’s in the best way you see fit for your company can become extremely beneficial, but you must completely understand each piece of the 7 P’s puzzle first.
PRODUCT
The first P stands for product. As you can probably guess, this is referring to the products or services a business is offering. Decisions within this element include a product or service’s purpose, how a product looks, packaging, any warranties, and more. Additionally, when focusing in on the first P, you need to think deeply about consumers. Consumers need to know what is included, what they can get out of it, what need or want it fulfills, and why your product or service is better than the competition.
PRICE
Price encompasses the entire pricing methodology for products or services, and how customers will react to it. Furthermore, this segment goes into depths beyond selling prices. Price includes discounts, terms, fees, and so on. When arranging pricing, you should consider your business’ current position among other competitors. If you advertise as having a very high-quality product, your pricing should reflect that claim.
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PROMOTION
Promotion is essentially the act of marketing directly to consumers. This P covers the idea of making your product or service known to the public. Furthermore, this could be in the forms of various advertisements, SEO, SEM, sponsorship, etc. It is key to make your product known to acquire new customers—increasing sales.
PLACE
This P encompasses many locations—where a product is made, viewed in ads, distributed, and sold. You need to ensure that customers can find your product or service with ease. Furthermore, it needs be available to consumers at the right place and the right time. You can use this P step to consider selling products through e-commerce, in-store, or through third-party means.
PEOPLE
People are not just those who you are selling and advertising to. It includes staff, salespeople, customer service teams, and anyone involved in the marketing and sales processes. You want your employees to be effective and perceived positively by customers.
PROCESS
This step refers to the delivery of your product or service to a customer. Maps need to made to outline functions, activities, tasks, and processes. Doing so keeps your processes functioning smoothly and efficiently. Check your processes frequently to guarantee they are simple and increasing your ability to generate revenue. This step may come with many trial and error phases.
PHYSICAL EVIDENCE
Your consumer should always receive something physical to validate their purchase. Consider how braces give you straight teeth, hairdressers give you a new look, and receipts are proof of a purchase. People like to receive something that evokes their senses to confirm that they have gotten a product or service, even if it is just the receipt. This tangible item validates the experience of purchasing and fosters a sense of value from that purchase.
13. why should entrepreneur consider the 7ps f marketing mix in preparing for marketing plan for his business?
Answer:
7p's is an strategy that helps to define the issue easily and to review what affects your marketing and products. It makes you stay on track and to create an value to create and competitive advantage in marketing.
14. essay:discuss the 7ps of marketing?
Answer:
The 7 Ps of MarketingThese seven are: PRODUCT, PRICE, PROMOTION , PLACE, PACKAGING , POSITIONING and PEOPLE . As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you're on track and achieving the maximum results possible for you in today's marketplace.
Explanation:
#carryonlearnings I hope it helpsssssss15. explain the improtance pf marketing mix (7ps) in a business
Answer:
Marketing is one of the most important things a bussiness can do.Not only does marketing build brand awareness but it can also increase sales,grow bussiness and engage cuatomers.
Answer:
It helps understand what your product or service can offer to your customers. It helps plan a successful product offering. It helps with planning, developing and executing effective marketing strategies. It also helps businesses make use of their strengths and avoid unnecessary costs.
16. give the 7P's of marketing mix summary
Answer:
The 7 P's of marketing include product, price, promotion, place, people, process, and physical evidence. Moreover, these seven elements comprise the marketing mix. This mix strategically places a business in the market and can be used with varying levels of force.
17. Among the identified 7P’s of marketing, which do you think are the three most appropriate marketing mix in a sari-sari store business, and why?
Answer:
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18. discuss the 7ps of marketing
Answer:
The 7 Ps of Marketing
These seven are:
product, price, promotion, place, packaging, positioning and people.As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you're on track and achieving the maximum results possible for you in today's marketplace.
Explanation:
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and pa Brainliest po if it's helpful...☺
#Brainlyisknowledge#Pa Brainliest19. identify what is being asked in each statement on the 7p's of marketing mix
Answer:
The extended marketing mix (7P's) is the combination of seven elements of marketing that aim to work together to achieve the objectives of a marketing strategy. These 7 elements are: product; price; place; promotion; people; process and physical.
Explanation:
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20. what I already know:what is a marketing mix(7ps)?
Answer:
the seven marketing is ,Product, Price,Promotion,Process,Place,Physical environment and People
Explanation:
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21. explain the 7ps of marketing mix. essay
Products/Services: How can you develop your products or services?Prices/Fees: How can we change our pricing model?Place/Access: What new distribution options are there for customers to experience our product, e.g. online, in-store, mobile etc.Promotion: How can we add to or substitute the combination within paid, owned and earned media channels?Physical Evidence: How we reassure our customers, e.g. impressive buildings, well-trained staff, great website?Processes: Are there internal process barriers in the way to delivering the best customer value?People: Who are our people and are there skills gaps?Partners: Are we seeking new partners and managing existing partners well?.hope it helps
22. give the 7P's of marketing mix summary
Answer:
The 7 P's of marketing include product, price, promotion, place, people, process, and physical evidence.
Explanation:
hope it help
23. this is the ultimate marketing strategy. a. 7ps modelb. marketing mixc. peopled. promotion.
Answer:
b marketing mix okay bye
24. discuss the marketing mix 7ps
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25. differentiate the 7ps of marketing mix
7 P'S OF MARKETING MIX
1. Product
• This a physical object , something material, tangible or intangible that a consumer can use and was produced by the manufacturer.
• Product is a combination of physical and non-physical, which endows it with the service that it will bring to the customer. This refers to the " Product itself.
2. Price
• This is the amount of money paid for a quantum of goods or, if the goods are of homogeneous character or standardized kind, sold by measure .
• The amount of money given for each unit of goods .
3.Place
• This is the 4th P of the marketing mix, this refers to the place where the product or service actually sold.
4. Promotion
• This is a strategy to tell the customers about the products or services that the businessman are selling. A communication tool to promote the products and services offered by the businesses.
5. People
• This refers to the people working in the business. They are responsible for every element of sales, marketing strategies and the activities of the business.
6. Positioning
• This is a marketing strategy that develop the habit of thinking in the heart and mind of the consumers.
7. Packaging
• This is not only refer to wrapper or container of the product but at the same time, when well designed, can be valuable from an advertising and merchandising standpoint.
Related links:
the art of promotion: brainly.ph/question/1687017
promotional gimmick of promotion: brainly.ph/question/2589470
methods of packaging:brainly.ph/question/1927300
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26. Among the identify 7ps of marketing, which do you think are the three most apropreciate the marketing mix in a sari-sari store business, and why?
Answer:
The 7Ps of The Marketing Mix: The Acronym Sent to Streamline your Strategy. ... The marketing mix is an acronym that encompasses 7Ps: Product, Place, Price, Promotion, Physical Evidence, People, and Processes
Once you've developed your marketing strategy, there is a "Seven P Formula" you should use to continually evaluate and reevaluate your business activities. These seven are product, price, promotion, place, packaging, positioning, and people.
Step-by-step explanation:
hope it work
27. among the identified 7Ps of marketing which do you think are the three most appropriate marketing mix in sari sari store business and why justify your answer
Answer:
The 7Ps of The Marketing Mix: The Acronym Sent to Streamline your Strategy. ... The marketing mix is an acronym that encompasses 7Ps: Product, Place, Price, Promotion, Physical Evidence, People, and Processes
Once you've developed your marketing strategy, there is a "Seven P Formula" you should use to continually evaluate and reevaluate your business activities. These seven are product, price, promotion, place, packaging, positioning, and people.
Explanation:
Hope it works.
28. Wich of the 7Ps of Marketing mix bring the product to the consumer?
Answer:
product, price, promotion, place, people, process, and physical evidence.
Explanation:
The 7 P's of marketing include product, price, promotion, place, people, process, and physical evidence. Moreover, these seven elements comprise the marketing mix. This mix strategically places a business in the market and can be used with varying levels of force.
Answer:
The 7ps of marketing mix the following
product, price, promotion, place, people, process, and physical evidence
i hope it helps
29. describe the place as part of marketing mix 7ps in relation to business opportunity
Answer:
Describe the marketing mix 7ps in relation to the business opportunity vis à visThese seven are: product, price, promotion, place, packaging, positioning and people. As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you're on track and achieving the maximum results possible for you in today's marketplace.30. In what way, the 7Ps of marketing mix can be a helping tool for you?
Answer:
Today, it's recommended that the full 7Ps of the marketing mix are considered when reviewing competitive strategies. The 7Ps helps companies to review and define key issues that affect the marketing of its products and services and is often now referred to as the 7Ps framework for the digital marketing mix
