MKT 500 WEEK 1 DISCUSSION
“The 4Ps of Marketing” Please respond to the following:
- From the e-Activity, imagine that you are pitching your favorite social media site to the “Shark Tank” panel for a possible investment opportunity. Examine the 4P’s (price, product, place, promotion) of your favorite social media Website. Create a brief pitch for the social media site to present to the “Shark Tank” panel. Keep in mind when doing your pitch, to focus on how the investment will increase sales.
- Examine the components of a marketing plan. Determine the component you believe to be the most important and the component you believe to be the least important. Provide a rationale for your response.
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