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Four Elements of the Marketing Mix Impact Hallmark's Marketing

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Describe how each one of the four elements of the marketing mix impacts the development of the Hallmark Gold Crown Card company's marketing strategy and tactics.

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Solution Summary

The solution includes a paragraph for each of the four elements as they relate to Hallmark and its marketing strategy and tactics.

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The four elements of the marketing mix are Product, Price, Place (Distribution) and Promotion.

Hallmark Gold Crown Card's marketing and strategy and tactics will be impacted by the following:

Product-depending on what products are offered by competitors, Hallmark may have to develop competing lines in their greeting cards. If there is a specialty brought out by a competitor, Hallmark should compete in that specialty as found financially sound by the research team. ...

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