{"id":34876,"date":"2022-10-15T16:04:47","date_gmt":"2022-10-15T09:04:47","guid":{"rendered":"https:\/\/adsmo.vn\/marketing-mix-la-gi\/"},"modified":"2025-07-17T10:17:43","modified_gmt":"2025-07-17T03:17:43","slug":"marketing-mix","status":"publish","type":"post","link":"https:\/\/adsmo.vn\/en\/marketing-mix\/","title":{"rendered":"Marketing Mix: Definition and the 3 Most Popular Models You Should Know"},"content":{"rendered":"

What is Marketing Mix?<\/i><\/b> Marketing Mix is an important concept in economics in general and marketing in particular. If businesses do not grasp it, it will cause marketing campaigns to go in the wrong direction. Nowadays, the Marketing Mix model has also been expanded to meet the development of the times. <\/span><\/p>\n

1. WHAT IS MARKETING MIX?<\/b><\/h2>\n

According to Investopedia<\/a>, Marketing Mix<\/strong> includes several key areas as part of a comprehensive Marketing plan. When referring to this term, people often refer to the popular 4P model: Product, Price, Place and Promotion. <\/span><\/p>\n

A good Marketing Mix will include strategies that allow a business to target a specific market and develop a brand that effectively attracts customers. In a specific marketing plan, the Marketing Mix identifies all the factors that influence the ideal target market and how they work together to expand reach. <\/span><\/p>\n

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2. THE IMPORTANCE OF MARKETING MIX<\/b><\/h2>\n

Marketing Mix is indispensable in any short-term or long-term business strategy. Businesses will rely on Marketing Mix to research the market, determine core values and the most available products. Good marketing will focus on goals, optimize each index to increase revenue and profit. Deploying many different marketing tools helps businesses respond flexibly to customer behavior. Marketing Mix is also an important part in developing brand identity<\/strong><\/a>, reaching new target audiences and creating a difference from competitors. <\/span><\/p>\n

3. 3 MOST POPULAR MARKETING MIX MODELS<\/b><\/h2>\n

The 4P strategy laid the foundation for the Marketing Mix concept and has now been \u201cupgraded\u201d into many extended marketing mix models. Let’s explore what the P and C elements in the 3 most popular Marketing Mix models 4P, 7P and 4C mean.<\/span><\/p>\n

3.1 Marketing Mix 4P Model<\/b><\/h3>\n
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Marketing Mix 4P Model<\/figcaption><\/figure>\n

The traditional Marketing Mix 4P model was born in 1960, built built by E. Jerome McCarthy. This model is not only applied by many businesses but also taught at universities. <\/span><\/p>\n