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The Behavioral Insight Team
Marketing-Mix (The 4P’s of Marketing) The Behavioral Insight Team ™ Hong Kong ● London ● New York This file is part of the HCIA & Company Business Plan Toolkit. Copyright 2014, HCIA & Company. All Rights Reserved.
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Marketing-Mix 4Ps Model
It is a decision making method in relation with the price, product, promotion and the distribution in the designing process of a product/service or a brand. The approach was based on the rule of the 4 Ps: Product: the product/service policy Price: the price policy Place: the distribution/sales policy Promotion: communication policy, advertising,…
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Product Quality; Size, Characteristics, Style; Brand,
Conditioning, Guarantee, Assistance, …
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Price Prices, Guarantee, Terms of payment, Financing,
Price after-sales service, Discount, …
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Place Distribution network, Storage Delivery, Merchandising,
Retailers and wholesalers After-sales service, Internet
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Promotion Advertising, Sponsorship, Sales force,
Relay with the press, …
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Golden Rules Preliminary = The procedure prior to the Marketing Mix is the external and internal diagnosis of the company. There will be a market segmentation that will allow the company to position itself in the market place and nurture its brand image. Approach = It is imperative to take into account the parameters of each variable to fulfill the targets.
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