Four P's of Marketing

The Four P's of Marketing are Product, Price, Place, and Promotion. 1. **Product** refers to what you’re selling, whether it's a good, service, or idea. 2. **Price** is how much you charge for your product, which can affect demand and profitability. 3. **Place** involves where and how your product is sold, ensuring it reaches your customers effectively. 4. **Promotion** includes the strategies used to communicate with potential customers, like advertising, sales, and public relations. Together, these elements help businesses effectively market their offerings and meet customer needs.