Tuesday, November 10, 2009

16 Ps in Marketing- Modern Concept

Traditional 4 P's of marketing:- 1.Product 2.Place 3.Price 4.Promotion. Further 3 P's were added to make a range of Seven Ps for service industries:- 5.Physical evidence 6.Process 7.People. Other P's- (Note- Readers lets debate them through Comment) 8.Packaging 9.Positioning of brand/product. 10.Prestige of brand/product. 11.Pace (Speed of launch of product/new brands/advertisement). 12.Profit earning ability of brand/product. 13.Professional approach. 14.Pleasure to work for salesmen. 15.Performance consistency of product. 16.Productivity of sales personnel.

29 comments:

  1. This is a really informative and helpful data regarding learning the basics of marketing through the use of a pretty letter "P"...

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  2. This is an inhansing our knowledge...

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  3. inhansing my knowledge about marketing concepts.

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  4. Very PRODUCTIVE P's.interesting and knowledge booster for us.thanks sir....!!!

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  5. it helps us to grow & makes us to talk more efficently onto the global era

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  6. It's very great that just because of you we r able to learn about the 16P's nd really it definitely helps us to enhance our knowledge about marketing concept

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  7. i think every essential mktg activity is important and can be included in mktg mix and not necessary that it must start with 'P'............. :)

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  8. very good thinking about Ps

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  9. thnk u so much..i really needed all this as i have the module of marketing management in my course

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