Perhaps you have heard them before:
- Product
- Price
- Place
- Promotion
Not that there isn’t some evidence of successful marketing following this model, but overall, I think the above P’s have lost their resonance. A new culture of marketing, social media and online marketing influences, and an increasingly savvy and suspicious consumer has given way to a new model.
John Jantsch, founder of Duct Tape Marketing, suggests that small business owners should examine “The 4 Ps of a Fully Alive Business.”