The Four Ps: Essential Factors in Marketing


Overview/Description
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description
To bring a product or service to market successfully, a marketer needs to understand a broad set of tools and concepts. Guided by customer insights, marketers position their offerings in the marketplace and in the buyer’s mind. They use the marketing communication techniques of advertising, sales promotions, direct marketing, and public relations to build brands and enhance perceived value. This course explains how a product or brand manager uses detailed knowledge of their customers to influence design of the offering, to manage pricing and distribution channels, and to plan and execute a promotion strategy. The course explores the use of digital technologies including websites, social media, and mobile devices to build relationships with customers and drive sales.

Expected Duration (hours)
0.4

Lesson Objectives

The Four Ps: Essential Factors in Marketing

  • discover the key concepts covered in this course
  • identify the marketer’s contributions to developing a product offering
  • recognize the principles behind common pricing strategies
  • identify elements of a distribution strategy
  • Knowledge Check: Reviewing Your Product Marketing Skills
  • recognize appropriate uses for promotional techniques
  • recognize appropriate uses for media channels
  • Knowledge Check: Assessing Your Marketing Promotion Skills
  • reflect on what you've learned
  • Course Number:
    bs_amk07_a03_enus

    Expertise Level
    Everyone