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Seven Ps of Services Marketing

10 March, 2010 (06:03) | General Info | By: Administrator

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The seven Ps of the services marketing includes:

product, pricing, promotion, placement, people, process, and physical evidence.

The first four elements are often referred to as the marketing mix. A marketer can use these to design a marketing plan. The four Ps model is useful when marketing low value consumer products. They serve as a framework within which a marketing activity can be used as well as offer a workable guide to the major categories of marketing activity.

The additional three Ps is called the extended marketing mix which reflects a consumer-centered perspective, as it must account for the unique nature of services.