Explain Applied Marketing and the Four P's
Briefly describe and discuss your selected product with your colleagues. (THE GMC TERRAIN) Think about how the product that you selected uses the marketing mix of the 4 Ps of marketing - product, price, place, and promotion - to differentiate or stand out among its competitors in the marketplace.
Discuss the following points:
What 1 or 2 marketing P (product, price, place, promotion) differentiators do you see based on your product versus its competitors in its industry?
Suggest 1 way to improve on making this product stand out among its competitors