4 P's of Marketing

By: Adrian Medina

Place

Its the logistics or delivery, locations and distributions. Its important because you need to think where to sell it and how to deliver it/ distribute it to the people.

Promotion

Advertising or showcasing your service or product your business is selling. Its important because you need to get your good or service known to the public or none will know about it nor buy it.

Price

Its anything that basically involves money when selling like retail, discounts, payment plans, bonuses and credit plans. Its important because without price, you wont be able to calculate the profit nor income/cost of you product and business

Product

Item/Service your selling to the people. Branding, package, design, quality and variety are important factors. Its important because you need something to sell or you wont be able to make a profit.