inBusiness Blog - www.in-business.org.uk

inBusiness Blog - www.in-business.org.uk

Marketing Mix 7Ps Example In this article about ‘Marketing Mix 7Ps Example’ I’m going to

cover the following: The Marketing Mix 4Ps explained in a bit more detail. P1 – Product P2 – Price P3 – Place P4 Promotion Marketing Mix 7Ps Example – three extra P’s P5 – People P6 – Process P7 – Physical Evidence Marketing Mix 7Ps Example – using an Elderly Care Business as

the example

inBusiness Blog - www.in-business.org.uk

inBusiness Blog - www.in-business.org.uk

P1 – Product - The key to developing a product is to make sure there’s a sufficiently large target audience.P2 – Price - A product or service is only worth what someone (which in this case is a customer), is willing to pay for it.P3 – Place - Your business needs to be where your customers expect it to be.P4 – Promotion - Good promotion is about communicating the benefits of your products or services and not simply focusing on the features.

To Read The Full Text – Marketing Mix 4Ps

inBusiness Blog - www.in-business.org.uk

inBusiness Blog - www.in-business.org.uk

P5 – People - Think of everyone thee business comes into contact with as a potential customer.P6 – Process - The process is the complete buying experience. From the first point of contact, usually the website, through to delivery of the product or service.P7 – Physical Evidence - Physical Evidence is also about the customer experience. When a customer first engages with a company for the first time, they are not familiar with the products or services. You need to provide customers with physical evidence that inspires confidence.

To Read The Full Text – Three Extra Ps

inBusiness Blog - www.in-business.org.uk

inBusiness Blog - www.in-business.org.uk

P1 – Product – In this case a service of live in careP2 – Price – Not the cheapest price on the marketP3 – Place – Visiting the clients home made the differenceP4 – Promotion – Identifying the correct target audience was keyP5 – People – Having great carers was the key to great testimonialsP6 – Process – Bespoke software systemP7 – Physical Evidence – good client brochures provided the initial confidence

To Read The Full Text – Marketing Mix 7Ps Exanple

inBusiness Blog - www.in-business.org.uk

inBusiness Blog

To Read Russell’s Business Blog With Topics

Partnership Marketing

Advantages and Disadvantages of Offshoring

About Russell Bowyer & How Whilst fighting For His Life From Cancer, he Began to Write Again

inBusiness Blog - www.in-business.org.uk