Basic Marketing Analysis By admin Published: May 5, 2008 Updated: May 5, 2008
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The BM and CMO should be asking her/himself these questions constantly based on the four P's of marketing. Are there any fundamental changes that need to be made?
- Product: Does the product/service need to be changed in any way?
- Price: Is the price correct?
- Promotion: Was it or is it being promoted in the correct way? Is it targeted at the right segment of the market? If not, who should it be targeted at?
- Place: Is it being sold in the right places?
BOD: Leave comments here showing you have read and understand fully, what this article is saying to you. Ask questions if you do not fully understand.
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