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The four Ps
The consideration of the interaction of Product, Price, Place and Promotion
provides a valuable structure in working towards a set of strategies. When this
is coupled with substantial market information and used against a background
of careful analysis of the micro- and macro-environment then
marketing objectives are more likely to be achieved:
Product all the product or service characteristics aimed at the target market
Price the real cost to the customer or user, including other costs than solely
money
Place everywhere and every way the product or service is made available
Promotion all the methods of communication used to reach the target markets.
The four Cs
The strategic change and approaches implied by Kotler's four Cs will be a
more readily acceptable mix to many librarians and information professionals,
who should nevertheless examine both marketing mix formulas
closely.
Philip Kotler, the experts' expert of marketing',......
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Title: The 4 Ps And 4 Cs
Approximate Word Count: 359
Approximate Pages: 2 (250 words per double-spaced page)
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