233x Filetype PPTX File size 0.80 MB Source: www.diversityaustralia.com.au
MARKETING MIX – 4P’S VS. 7P’S MARKETINGMIX Place Price Product Price P 4 Promotion 44PP 7P7P Product P 3 Physical Promotion Place Evidence People Process Classic Consumer Goods Marketing Expanded Service Marketing • Features • Payment Terms • Quality P • Discounts • Branding & packaging T RO C P • Allowances E M U R C I D O • Services & warranties A C • Pricing & Strategy O T L E R IO P P N MARKETING MIX • Sales promotion 4P • Location & Transport • Advertising • Assortment & Inventory • Public relations • Market Coverage • Direct marketing • Channels 4 P’S MARKETING MIX EXISTING IN PROGRESS T C Discounts P U Features Quality R D Payment terms I O C R E P Packaging Allowances P R E Inventory O C Public relations Direct marketing M A Transportation O L T P I Market coverage Advertising O N 7 P’S MARKETING MIX 04 PROD- UCT • Design • Technology 01 PLACE • Usefulness • Convenience • Retail • Warranties • Wholesale • Mail Order Place 05 PEOPLE • Internet • Direct Sales • Employees Physical • Management 02 PRICE Evi- Price • Culture dence • Customer Service • Skimming • Personnel • Penetration • Psychological 06 PROCESS • Cost-Plus TARGET • Loss leader, • Especially relevant to ser- etc. MARKET Promo- vice industries Process 03 PROMOTION tion • How are services con- sumed? • Special Offers • Performance & analytics • Advertising • Validation • Endorsement 07 PHYSICAL EVI- • User Trials DENCE • Leaflets/poster People Product • Interface s • Comfort • Facilities • Foot traffic • Store lines 7P’S MARKETING MIX PRODUCT PROMOTION PEOPLE PHYSICAL EVIDENCE PRICE PLACE PROCESS • Design • Special Offers • Employees • Interface • Technology • Advertising • Management • Comfort • Usefulness • Endorsement • Culture • Facilities • Skimming • Retail • Especially relevant to • Convenience • User Trials • Customer Service • Penetration • Wholesale service industries • Warranties • Leaflets/poster • Personnel • Psychological • Mail Order • How are services con- s • Cost-Plus • Internet sumed? • Loss leader, • Direct Sales • Performance & analytics etc. • Validation
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