Sunday, August 16, 2009

Limitations of the Marketing Mix Framework

The marketing mix framework was particularly useful in the early days of the marketing concept when physical products represented a larger portion of the economy. Today, with marketing more integrated into organizations and with a wider variety of products and markets, some authors have attempted to extend its usefulness by proposing a fifth P, such as packaging, people, process, etc. Today however, the marketing mix most commonly remains based on the 4 P's. Despite its limitations and perhaps because of its simplicity, the use of this framework remains strong and many marketing textbooks have been organized around it.

2 comments:

  1. Great post I would like to thank you for the efforts you have made in writing this interesting and knowledgeable article. marketing1on1 agency

    ReplyDelete
  2. It is imperative that we read blog post very carefully. I am already done it and find that this post is really amazing. marketing 1on1

    ReplyDelete