- What is process in 7 P's of marketing?
- What are product features?
- Why are product features important?
- What are marketing principles?
- What is product related advertising?
What is process in 7 P's of marketing?
Process refers to the processes involved in delivering your products and services to the customer. It is also about being 'easy to do business with'. Having good process in place ensures that you: repeatedly deliver the same standard of service to your customers. save time and money by increasing efficiency.
What are product features?
Product features are discrete areas of new and upgraded functionality that deliver value to your customers. You can think of these as little gifts. Broadly, features can refer to capabilities, components, user interface (UI) design, and performance upgrades. ... Benefit: The benefit or value provided to the user.
Why are product features important?
The uniqueness of a product or service can set it apart from the competition. Features can communicate the capability of a product or service. But features are only valuable if customers see those particular features as valuable. You want products or services with features which customers perceive as valuable benefits.
What are marketing principles?
Marketing principles or principles of marketing are agreed-upon marketing ideas companies use for an effective marketing strategy. They are the principles upon which we build product promotion strategies. We can use the marketing principles for the effective promotion of either goods or services.
What is product related advertising?
Product advertising is a paid promotional communication that attempts to induce consumers to purchase a product. Communication channels utilized for product advertising include television, radio, print media, websites, social media, and billboards.