Question: I chose this topic ( develop marketing strategy) , I just want an explanation for 4ps in short paragraph following: Choose ONE topic that you

I chose this topic ( develop marketing strategy)

I chose this topic ( develop marketing strategy) , I just want an explanation for 4ps in short paragraph

following: Choose ONE topic that you are interested in in MKTG200 Reflect (or discuss) why you like that topic? . Step 3: Develop Marketing Strategies Identify target market(s) Adjust marketing mix for each target market Product: Product design, Packaging, Branding, Support services and maintenance, Upgrades, Product variations Price: pricing strategy can be based on costs, demand, price of competing products, Debundling Promotion: Advertising, Sales promotion, Public relations, Direct marketing, Personal selling Place (Distribution): when, how, and where the firm will make the product available to targeted customers, sell directly to the final customer or work through wholesalers and retailers? Choosing the right distribution strategy depends on product, pricing, and promotion decisions

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