MANAGEMENT

Detailed explanation-1: -The marketing mix, also known as the four P’s of marketing, refers to the four key elements of a marketing strategy: product, price, place and promotion.

Detailed explanation-2: -Successful marketing campaign plans require knowledge of your customer’s demographics, needs, and preferences. It’ll help you determine customer journeys and critical touchpoints. If possible, go an extra step and create buyer personas. It’ll allow your brand to interact with the target audience effectively.

Detailed explanation-3: -The marketing mix is the set of controllable, tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product. It is also a tool to help marketing planning and execution.

Detailed explanation-4: -A marketing mix can consist of any combination of factors, but most commonly refers to what is known as the 4 Ps of marketing: product, price, promotion and place. Each of these four Ps can influence a consumer’s decision-making.