The Marketing
Mix 4Ps :
The marketing mix is a combination of four Ps which stands
for Price, Product, Promotion and Place.
Product:
Product comprises of product variety, Quality, design,
features, brand name, packaging, sizes, services, warranties, returns. In short
every thing that is required for a product to stand out in the eyes of its
target audience. The way people see and perceive a product is based all the
above qualities. The loyalty solely lies on the product quality and service.
Himalaya neem face wash is a product of great quality, has a
unique tube design which makes it very convenient to use, is attached to a well
trusted brand, provides satisfying service to its customers which result in the
brand loyalty.
Price
:
Price comprises of the list price at which it is stated,
discounts that the product offers and other allowances and concessions that it
gives.
Price is again an
attractive component of any product after the attraction and consuming desire that the advertising and branding sets for the customer , it is the price that
converts the desire to consume into the
desire to want the product which is backed by the purchasing power of the
consumer.
Himalaya neem face wash is reasonably affordable and is
available in various small and medium size sachets which are very convenient to
carry.
Promotion
:
Promotion comprises of the sales promotions, product
promotions, advertising, public relations etc. Everything that is required by
the company to pitch, promote and advertise its product to make it reach to the
masses and make people aware of the qualities and effects of the product.
Celebrity endorsements are a big attraction for the
consumers they then relate to the brand at much greater levels.
Himalaya neem face wash pitches itself as the teenagers product
which caters to the teen’s pimples and acne problems. Though there are no
celebrity endorsements for the same but it has carved out a decent place in the
market world in terms of promotions.
Place:
Place comprises of channels, coverage, locations, magazines etc
wherever the product can be promoted is a place for it.
Himalaya neem face wash manages to cover sufficient channels
and magazines for its promotions and has managed to place itself among the top
3 or 4 brands that deal with the problem of acne and pimples.
Successful marketing is the act of putting the right product, in the right place, at the right time and price. On paper, this sounds like a simple process, but we know it’s not. The problem is that there are millions of wrong products, places, times and prices. It’s a great start, but it doesn’t guarantee marketing success. For that, you need to implement the 4 ps of marketing. Otherwise, you won’t be able to build the proper presence and hit your audiences at the right place, time, price, etc.
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