8P MARKETING STRATEGY YOU SHOULD KNOW

8P Marketing is an extension of the traditional 4P model or promotion mix. What are the 4P marketing strategies? They are product, price, place, promotion. The 4P marketing strategy, for example, has added 3 more elements: people, physical evidence, process, to become the 7P marketing strategy. And has added 1 more element: efficiency, to become th

STP Marketing stands for Segmentation, Targeting and Positioning. This model helps marketers tailor their online marketing strategies to specific market segments, making marketing more precise and effective. 1. Segmentation Segmentation is the process of dividing a market into groups of consumers with similar needs or characteristics. Marketing