What is the 7Ps Marketing Mix and how should it be used?
The marketing mix is a familiar marketing strategy tool, which as you will probably know, was traditionally limited to the core 4Ps of Product, Price, Place and Promotion. It is one of the top 3 classic marketing models according to a poll on Smart Insights.
It's an essential part of a marketing plan structure that defines the tactics to be used to implement the marketing strategy.
The traditional 7Ps of marketing consist of:
Product
Promotion
Price
Place
People
Process
Physical evidence
[si_guide_block id="5676" title="Free digital marketing plan template" description="Our popular marketing planning template is structured across the Smart Insights RACE Framework. Join Smart Insights as a Free Member to download our digital marketing plan template and companion marketing plan template today"/]
Who created the 7Ps marketing mix model?
The 7Ps marketing model was originally devised by E.…