NOLEGEIN Journal of Business Risk management

The Marketing Mix's Nine Points

  1. Ganesh Radhakrishnan

Abstract

The goal of marketing is to place the appropriate good or service in front of the appropriate audience at the appropriate moment. It includes all aspects of the business cycle, including production, distribution and sales. It also entails figuring out how to express the demands of the consumer and comprehending their wants. 9Ps of marketing can be applied to many types of businesses. With the world becoming more and more digital, image quality is more crucial than ever. Consumers want authenticity and product ethics are under strict scrutiny. This means PR is important for creating, maintaining, and changing brand image. Moreover, as technology advances, the work of business professionals continues to increase. To solve this problem, businessmen need to complete the process. Marketing begins with selecting the right findings and then supporting the sales execution. To do this, a company has to employ the best personnel. Salespeople, for instance, deal with a customer's initial human-to-human encounters. And within all that confusion, companies may utilize the marketing 9Ps as a framework to simplify their efforts. The 9Ps are product, price, place, promotion, people, process, physical evidence,8th P is Packaging and 9th P of Marketing is Payments. Businesses may simplify their operations by utilizing the marketing mix, often known as the 9Ps framework, to combat the complexity of current corporate processes. Product, price, venue, marketing, people, procedure, tangible proof, packaging, and payments are all included in the nine points (or 9Ps). Every one of these components is essential to creating a thorough marketing plan that connects with customers and promotes company development
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