Question: This is a assignment work, so could you please answer it little bit longer. 4Ps The main objective of this assignment is defining the 4P's
This is a assignment work, so could you please answer it little bit longer.
4Ps The main objective of this assignment is defining the 4P's in your final project. PRICE Stablish price of sell, unit cost (fix and variable, direct and indirect), break even point, price strategies PRODUCT o Define characteristics of product(s)/service, public focus, substitute products/services, level of differentiation (do not be generalist, explain exactly the points where your product/service is better than the actual products/services in the market) PLACE o Justify the choice of place(s) where your company will be located, explaining benefits of location, like proximity to suppliers, customers, easy access, incentive taxes, infrastructure, local economy, macroeconomy) PROMOTION Explain the promotion strategy used to promote your product/service, promotion channel, justify your choice, specially in terms of the relation of cost/benefit and the way that you will achieve your public target. IMPORTANT NOTE: This is only a few suggestions to elaborate your report. It's very important on Marketing that you explore the maximum of your creativity. 4Ps The main objective of this assignment is defining the 4P's in your final project. PRICE Stablish price of sell, unit cost (fix and variable, direct and indirect), break even point, price strategies PRODUCT o Define characteristics of product(s)/service, public focus, substitute products/services, level of differentiation (do not be generalist, explain exactly the points where your product/service is better than the actual products/services in the market) PLACE o Justify the choice of place(s) where your company will be located, explaining benefits of location, like proximity to suppliers, customers, easy access, incentive taxes, infrastructure, local economy, macroeconomy) PROMOTION Explain the promotion strategy used to promote your product/service, promotion channel, justify your choice, specially in terms of the relation of cost/benefit and the way that you will achieve your public target. IMPORTANT NOTE: This is only a few suggestions to elaborate your report. It's very important on Marketing that you explore the maximum of your creativity