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Marketing is one of the most important tools that lie with a businessman. Marketing plays a very important role in uplifting the overall status of a product. As we all know that only creation of a new product doesn't matter. The newly created product is of no use if it fails to create an impact on the customers. And to create that impact we certainly need marketing skills. Marketing is nothing but the process of communicating with people to convert them into valuable customers. Marketing is the art that helps to identify the exact market where someone can sell his products. In this article, I am going to underline some of the facts about marketing that play a very important role in increasing the overall valuation of a product. The main reason due to which a product flops is the fact that it lacks the concept of 4Ps. 4Ps plays a very important role in deciding the overall marketing of a product. The four Ps are basically Product, Place, Price and Promotion. In the next few lines I am going to elaborate all the four Ps that I have discussed above.
The four Ps that I have mentioned forms the basis of marketing. I have tried to cover each and every topic in a detail. But, if you still have any doubt regarding any topic related to marketing then you can always write to us.
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