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WELCOME
UNIT ONE ASSIGNMENT
NAME : KAMALESH.B
CLASS : 3rd MS
ROLLNO : B20566
SUBJECT : MARKETING MANAGEMENT
TOPIC : 7PS OF MARKETING MIX
INTORDUCTION OF MARKETING MIX
A marketing mix consists of a combination of factors that a business
can control in order to influence consumers to purchase its products .
By strategically manipulating these factors and continuously optimizing them,
businesses can better serve their customers; in turn, boosting their bottom lines
Marketing mix is a foundation
model for businesses , historically
centered around product , price , place
, and promotion .
7”PS OF MARKETING MIX
1. PRODUCT
2. PRICE
3. PROMOTION
4. PLACE
5. PEOPLE
6. PROCESS
7. PHYSICAL EVIDENCE
PRODUCT
A product is the item offered for sale. A product can be a service or an
item. It can be physical or in virtual or cyber form. Every product is made at a
cost and each is sold at a price
A product is any item or service you sell to serve a customer’s need or
want. They can be physical or virtual. Physical products include durable goods
(such as cars, furniture, and computers) and nondurable goods (such as food
and beverages).
MARKETING MIX PRODUCT
PRICE
It Price is such an important part of marketing that it is one of
the four elements of the marketing mix. As one of the seven functions of
marketing, pricing is defined as establishing and communicating the
value of products and services to prospective customers.t
MARKETING MIX PRICE
PROMOTION
In marketing , the promotional mix describes a blend of promotional
variables chosen by marketers to help a firm reach its goals.
It has been identified as a subset of the marketing mix
A promotion is a set of different marketing approaches that marketers
develop to optimize promotional efforts and reach a broader audience.
MARKETING MIX PROMOTION
PLACE
• Place refers to where your product or service will be sold. For
tangible products, this will include physical locations such as your own store,
or a retailer where your product will be resold.
MARKETING MIX PLACE
PEOPLE
• People in the marketing mix , refers to anyone directly or
indirectlyinvolved in the business side of the enterprice . By anyone is
involved in selling product or service.
MARKETING MIX PEOPLE
PROCESS
Having good process in place ensures that you:
•Repeatedly deliver the same standard of service to your
customers
•Save time and money by increasing the efficiency of the
process
MARKETING MIX PROCESS
PHYSICAL EVIDECE
• Physical evidence refers to everything your customers see when
interacting with your business. The includes: the physical
environment where you provide the product or service. The layout or
interior design your packaging
MARKETING MIX PHYSICAL EVIDECE
..
THANK
YOU
BY
B. KAMALESH
B20566
3rd MS

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kamaesh-220817034730-eb77abef.ppt

  • 2. UNIT ONE ASSIGNMENT NAME : KAMALESH.B CLASS : 3rd MS ROLLNO : B20566 SUBJECT : MARKETING MANAGEMENT TOPIC : 7PS OF MARKETING MIX
  • 3. INTORDUCTION OF MARKETING MIX A marketing mix consists of a combination of factors that a business can control in order to influence consumers to purchase its products . By strategically manipulating these factors and continuously optimizing them, businesses can better serve their customers; in turn, boosting their bottom lines
  • 4. Marketing mix is a foundation model for businesses , historically centered around product , price , place , and promotion .
  • 5. 7”PS OF MARKETING MIX 1. PRODUCT 2. PRICE 3. PROMOTION 4. PLACE 5. PEOPLE 6. PROCESS 7. PHYSICAL EVIDENCE
  • 6. PRODUCT A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price A product is any item or service you sell to serve a customer’s need or want. They can be physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and nondurable goods (such as food and beverages).
  • 8. PRICE It Price is such an important part of marketing that it is one of the four elements of the marketing mix. As one of the seven functions of marketing, pricing is defined as establishing and communicating the value of products and services to prospective customers.t
  • 10. PROMOTION In marketing , the promotional mix describes a blend of promotional variables chosen by marketers to help a firm reach its goals. It has been identified as a subset of the marketing mix A promotion is a set of different marketing approaches that marketers develop to optimize promotional efforts and reach a broader audience.
  • 12. PLACE • Place refers to where your product or service will be sold. For tangible products, this will include physical locations such as your own store, or a retailer where your product will be resold.
  • 14. PEOPLE • People in the marketing mix , refers to anyone directly or indirectlyinvolved in the business side of the enterprice . By anyone is involved in selling product or service.
  • 16. PROCESS Having good process in place ensures that you: •Repeatedly deliver the same standard of service to your customers •Save time and money by increasing the efficiency of the process
  • 18. PHYSICAL EVIDECE • Physical evidence refers to everything your customers see when interacting with your business. The includes: the physical environment where you provide the product or service. The layout or interior design your packaging