What you’ll be able to do: describe the marketing mix
The value proposition explains why a consumer should buy a product or use a service and how the product or service will add more value, or better solve a problem, than other similar offerings. Once you get the value proposition right, you still have to actually deliver value to your target customer. The marketing mix describes the tools that marketers use to create value for customers.
The learning activities for this section include the following:
- Reading: Defining the Marketing Mix
- Reading: Components of the Marketing Mix
- Self Check: Marketing Mix