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What is the marketing mix?

GeneralClass 10CBSEAnswered 28 May 2026
Answer

The marketing mix is the set of strategic tools a business uses to promote and sell its product originally defined as the 4 Ps:

PMeaningExample
ProductWhat you sell (features, quality, design)Smartphone with 108MP camera
PriceWhat you chargeCompetitive vs. premium pricing
PlaceWhere customers access itOnline store, retail outlets
PromotionHow you communicate with customersAdvertising, social media

Extended to 7 Ps for services: + People, Process, Physical evidence.

The marketing mix (4 Ps: Product, Price, Place, Promotion) is the strategic framework businesses use to market and sell products effectively.

General · Class 10