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What are the four marketing strategies businesses use to determine customer needs?

A marketing mix can consist of any combination of factors, but most commonly refers to what is known as the 4 Ps of marketing: product, price, promotion and place. Each of these four Ps can influence a consumer's decision-making.

What are the 4 four strategy elements in marketing?

The marketing mix, also known as the four P's of marketing, refers to the four key elements of a marketing strategy: product, price, place and promotion.

What are the 4 Ps of marketing quizlet?

Defined by 4 P's. product, place, promotion, and price, which together make up the marketing mix. What does the customer want from the product/service?

What are the four main elements to consider when marketing to consumers are?

The four Ps of marketing: product, price, place and promotion. The marketing mix can be divided into four groups of variables commonly known as the four Ps: Product: The goods and/or services offered by a company to its customers.