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Each of these four P's is considered essential to the marketing strategies for an organizations strategic planning. Taken into consideration the effect the Four P's has on an organization, it is firstly, important to understand these four elements.
First, in the strategic planning of an organization, there must be an idea. That idea is known as the Product of marketing. "The product is the full bundle of goods and services offered to the customer." (http://dede.essortment.com/psmarketing_rvte.htm ¶ 2) From there, research and analysis of an appropriate venue is to be taken into consideration...
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