Based on the image below what can you say about in regards with Marketing Concepts , Importance and Strategies , Products and characteristic. Please describe based on your own understanding.
Based on the image below what can you say about in regards with Marketing Concepts , Importance and Strategies , Products and characteristic. Please describe based on your own understanding.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Based on the image below what can you say about in regards with Marketing Concepts , Importance and Strategies , Products and characteristic. Please describe based on your own understanding.
Expert Solution
Step 1: Introduction
Based on the image I can see a value proposition marketing concepts and marketing mix.
A value proposition is the unique value a product or service offers to customers. It answers the question, "Why should customers choose your product or service over others?"
Here in the image we can see there are variety of services provided by different kinds of devices like laptop, mobile phones, tablets and desktops.
Marketing Mix is the 4 Ps framework includes product, price, place, and promotion, which are the core elements of a marketing strategy.
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