Skip to main content

Original text


Powered by Google TranslateTranslate
Powered by Google TranslateTranslate
What does marketing involve?

Marketing is one of your most important organizing tools. There are four basic aspects of marketing, often called the "four P's":

• Product - the item or service you sell

• Price - the amount you charge for your product or service.

• Promote - the ways you inform your market as to who, what and where you are

• Provide - the channels you use to take the product to the customer.

As you can see, marketing encompasses much more than just advertising or selling. For example, a major part of marketing involves researching your customers: What do they want? What can they afford? What do they think? Your understanding and application of the answers to such questions play a major role in the success or failure of your business.

 

Return to FAQ

 

CONNECT
PO Box 5333
}
Somerville, NJ 08876
1-800-634-0245

Copyright © 2023 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

In partnership with
Jump back to top