marketing mix strategy 4 p's for tamatanga restaurant?
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Answer:
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Explanation:
To market the products (in broadest sense) every company needs to create a successful mix of right product at right price at the right place through right promotion. Thus marketing mix is made up of 4 Ps. The 4 Ps take care of 4 Cs relating to customers (see Table 16. 4)
Answer:
The 4Ps: Understand your restaurant and planning In order to have good planning, you need to learn to put the right product in the right time, at the right place with the right place. The 4Ps or “marketing mix” is one of the great concepts in modern marketing for you to decide the marketing options in price strategy, location, promotion and your product that you offer to customers to meet their demand. But before a startup study its marketing mix, they have to define the marketing strategy - the marketing logic that the startup hopes to deliver this value to this type of customer to create a profitable relationship. This involves defining their segmentation, differentiation, market targeting and positioning. (Kotler 2015.)
The term “marketing mix” was first expressed to describe different choices that a business organiza-tion have to take into consideration when bringing their service and product to the market. The 4Ps stands for four important components of marketing mix:
Explanation:
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