Marketing Mix

The four P's—product, price, place, promotion—craft a strong marketing strategy. Consumer law ensures buyer protection. A poor mix can result in failure.

Businesses balance design, customer needs, and market dynamics to innovate products. They manage the product life cycle and follow consumer laws to ensure quality and longevity.

Businesses balance costs, competition, and demand to set prices. Strategies include high launch prices and special deals. Pricing can make or break a product.

Businesses boost sales with TV advertisements and social media. They adapt to technology changes and competition while following regulations.

Deciding where to sell your product is crucial. Online for reach, physical stores for personal touch, or both? Direct sales or wholesaler? Your choice can make or break your brand.