Please help answer the following questions. This solution provides a list for each.© BrainMass Inc. brainmass.com September 26, 2018, 3:31 am ad1c9bdddf - https://brainmass.com/business/the-marketing-mix/marketing-product-price-place-promotion-12819
Problem: What are the 4 P's of marketing, what do they entail, and how does this marketing mix effect the consumer?
The 4 P's of marketing are:
Product: The product can be a physical good, service, warranty, packaging, instructions, accessories included (or available), or quality level.
Price: The price includes discount, flexibility, and how the price distributes over the life of the product.
Place: The place includes market exposure, what stores and locations the product is available at, and how the product is transported.
Promotion: Promotion ...
This posting helps with a problem about marketing. It discusses the role that product, price, place and promotion serve in the marketing of an item. It discuses whether you can recognize the marketing mix in your everyday life.