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Ade Ikumelo - Marketing

AB
The 4 PsProduct, Price, Place and Promotion
Channels of distributionhow the ownership of a good or service pass from the producer to the consumer
Effects of distributioncost, market coverage and control
Personal sellingface-to-face contact with customers
Integrationthe success of marketing mix
Marketing mixa combination of all those factors combining to influence the consumer's buying decision
The other PsPeople, Physical evidence and Process
SLEPTused in assessing the external environment
Strengths and WeaknessesInternal
Opportunities and ThreatsExternal
Producta good or service sold by a business in order to make a profit
Product Life Cyclethe period of existence from the beginning through , maturity and decline
Primary researchField research
Secondary researchDesk Research
Samplingasking questions of a selected group of people
Segmentationan identifiable group with similar needs and wants within a market


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