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MWL. CHRISTOPHER MWAKASEGE.

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7 BUSINESS LOCATION THAT INCREASE BRAND VISIBILITY

Marketing has changed and it has become more personal. People nowadays need convenience and you cannot expect that your customer will come to you. You will have to go to your customer again and again so that he does not switch to any other brand. Remember that your customer has numerous options in his hand. Thus your business needs to present in locations where the customer can make his buying decision easily. This is where your business location plays an important role. The process of managing a business is continually changing but more importantly with the advent of online marketing, your business location itself has changed. Because of the increasing usage of internet, Smart phones too are the latest trend and hence the reach of internet is now quadrupled. But it is not necessary that your customer be present only on the internet. Brick businesses are as alive today as online businesses. Below you will find a list of 7 business locations that you should be ...

GET TO KNOW EXTENDED MARKERTING MIX

The extended marketing mix is, as the name suggests, an extension of the marketing mix which was traditionally for products. The 4P’s are also known as product marketing mix. As services came more into the picture it was seen that the 4p’s could not justify the marketing mix. There were 3 more elements which were necessary to actually explain the marketing of services. When products began offering services, the extended marketing mix began applying to products as well (like Maruti service stations where Maruti is a product and the service station is a service). These are the elements which were added to the marketing mix to form the extended marketing mix. In the above figure, the product marketing mix are the first four P’s and the next 3 P’s are added to make the Extended Marketing mix. This extended marketing mix is also known as the service marketing mix. The four PS mainly constituted the following 4 elements Product Price Place Prom...