Revisiting ‘The 4P’s of the Marketing Mix’ with Mike Berry

Marketing in your organisation

Is Marketing in your organisation seen as much less necessary than Finance, Sales, Operations or HR? Distracted by digital, does your Marketing workforce discover itself relegated from the highest desk of decision-making, focusing purely on Marketing Communications?  Ciaran talks to Mike Berry, an writer, digital guide, coach and tutorial, concerning the well-known “4P’s of the Marketing Mix: Product, Price, Place, and Promotion.” We uncover that the 4 Ps continues to be as recent and related right now because it was when it was devised by E. Jerome McCarthy again in 1960.

However, and worryingly for Marketers, Mike argues that accountability for the complete Marketing Mix has been progressively surrendered, to the detriment of Marketing as a career. We discover how Marketers can be taught to harness this important framework alongside efficient information and measurement of efficiency, and reclaim all of the 4P’s, making certain that Marketing can as soon as extra actually champion the Customer!

In this episode, we revisit this framework as Mike (controversially) redefines it as Product, Price, Distribution, and Marketing Communications. So may 2 Ps, a D, and an MC be the brand new rallying battle cry for Marketing? This leads us to an exploration of the story behind Mike’s co-authored guide: Digital Marketing Fundamentals: From Strategy to ROI and we hear how Mike goes about discovering worldwide case research of nice (digital) advertising campaigns we will all be taught from. Useful Links Digital Marketing Fundamentals:

 

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