2012
DOI: 10.9790/487x-0364045
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Marketing Mix of 4P’S for Competitive Advantage

Abstract: The Marketing Mix comprises of four decisions which should be considered before launching a product. Firms should plan targeted approach on these four different components and they are Product, Price, and Place & Promotion. All the four variables help the firm in formulating strategic decisions necessary for competitive advantage. The main objective of this article is to describe the importance of relationship of various components of marketing mix for attaining competitive advantage in market. Marketing Mix c… Show more

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Cited by 95 publications
(108 citation statements)
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“…As reported by (Singh, 2012), marketing mix consists of different variables which help to take strategic decision for acquiring advantage in the highly competitive market. It is also used to satisfy the customers.…”
Section: Marketing MIX (Mmx)mentioning
confidence: 99%
“…As reported by (Singh, 2012), marketing mix consists of different variables which help to take strategic decision for acquiring advantage in the highly competitive market. It is also used to satisfy the customers.…”
Section: Marketing MIX (Mmx)mentioning
confidence: 99%
“…Therefore, there is a relationship between product quality, price, place and promotion in this study. The study reveals that promotion is a factor that influences the customers' perception (Singh, 2012). Promotion consists of different blends of its components which are used to achieve the business' marketing goal.…”
Section: Promotionmentioning
confidence: 99%
“…There were prior researches showed the impact of marketing mix to competitive advantage. Singh (2012) indicated that marketing mix helps the firm in creating strategic decisions for competitive advantage. The research describes the importance of marketing mix for obtaining competitive advantage in market [7].…”
Section: Introductionmentioning
confidence: 99%
“…Singh (2012) indicated that marketing mix helps the firm in creating strategic decisions for competitive advantage. The research describes the importance of marketing mix for obtaining competitive advantage in market [7]. Another research by Azadi (2011) showed that marketing mix contributes to increase profit of e-business.…”
Section: Introductionmentioning
confidence: 99%