ENTREPRENEURSHIP

Detailed explanation-1: -The 4 Ps of marketing are a collection of four essential elements of a marketing campaign-namely product, price, promotion, and place. Also known as “the marketing mix, ‘’ the 4 Ps collectively create a framework for organizing and planning a marketing strategy for a product or service.

Detailed explanation-2: -The four “P’s” of marketing – Product, Price, Place, Promotion are old news. They’ve been replaced with the four “E’s” – Experience, Exchange, Everyplace, Evangelism. The Four Ps were developed in a different environment. Marketers were sovereign.