The forgotten Ps of marketing

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Recently I’ve been feeling like I’m going mad (and it seems I’m not the only one), mostly over a very basic concept called marketing. Now I’m pretty sure that in my first week of marketing school I was taught the 4Ps (or 7Ps depending on who you talk to). You must know them, it’s arguably the oldest, most basic concept relating to marketing. They are called product, price, place and promotion and no I’m not going to explain them.

So why do I feel like I’m going mad? Whilst not in the same guise, it’s mostly because people are talking about product and place as something revolutionary that has just been invented by a new wave of Social Media Punks and unmarketing gurus. All that has changed is the emphasis away from promotion and towards the rest of marketing.

Yeah things have evolved, there are new tools to use, certain things are less relevant and people’s attitudes are changing. But that’s great, who wants to be doing the same things throughout their career. A lot of what is relevant now more than ever isn’t new, it’s never just been about advertising, it just worked more effectively than it does today. People expect more than promotions from companies which means we need to better at marketing.

3 responses to “The forgotten Ps of marketing

  1. Think the key is to steer clear of the literature that is targeted at the beginners or the ‘generally interested’

  2. carlmoggy

    Hi Sudesh. Thanks for commenting.

    I guess what I was trying to get at is that some of the basics are still valid today but it seems that the ‘generally interested’ have forgotten about them, or repackaged it as new concepts. Yeah they need tweaking and innovating but a lot of old stuff is still relevant today.

  3. Pingback: Everything is advertising « The Communications Room

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