As you progress throughout this course, you will see that marketing occurs in many different facets of life. If you pay close attention throughout your daily routine, you will see that you will interact with some form of marketing every few minutes. If you have not noticed already, you will see that certain organizations do an exceptional job of marketing and there are also some organizations that do not effectively market their products well at all. When a firm does not get the maximum benefit/exposure out their marketing dollars, that can hurt the company’s net profit, market share, and customer base. In a competitive industry, a weak marketing plan can truly damage the organization’s image and profitability in a significant manner.
Please explain the 4 P’s of marketing. Furthermore, please give examples of each as you have seen them used in everyday life. In your opinion, were the examples that you saw effective or not?
*Please note that word count, grammar, and spelling will be considered for your grade on all discussion board posts.
Your initial post is due by Wednesday, August 23rd at 11:59pm and it must be a minimum of 250 words.