The business has many ingredients. Marketing is one of the main of all. But it should be correctly blend with others so that profit margin raises to the peak.
There are complexities of marketing,which should be understood. There should be tool to summarize individual buyers behaviors and their response. You might heard of 4 P's of marketing. Its about Price, Promotion, Product, People /place. The market response is also related to competitors action.There are delays in market response on launched product so --4 P's of Marketing is very important formula to be considered.
Multiple number of products is to be carefully measured and funds allocation to be done while making decision about product and financial areas. Also multiple goals to be set subjective to large number of alternatives.
Happy marketing...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment