The 4-P's---Product, Price, Place and Promotion---are the basic components of a marketing mix. Sample tactics for each category are as follows:*
|
Product |
Price |
Promotion |
Place |
|
Product Variety |
List Price |
Sales Promotion |
Channels |
|
Quality |
Discounts |
Advertising |
Coverage |
|
Design |
Allowances |
Sales Force |
Assortments |
|
Features |
Payment Period |
Public Relations |
Locations |
|
Brand Name |
Credit Terms |
Direct Marketing |
Inventory |
|
Packaging |
|
|
Transport |
|
Sizes |
|
|
|
|
Services |
|
|
|
|
Warranties |
|
|
|
|
Returns |
*Kotler, Philip, Marketing Management, 11th Edition, Prentice Hall, New Jersey, 2003 p.16.