4 New P's Of Marketing

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Tyler Reed Creative Strategist

description

Just a quick presentation I did on the 4 new P's of marketing.

Transcript of 4 New P's Of Marketing

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Tyler ReedCreative Strategist

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PRODUCT

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PRODUCT PRICE

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PRODUCT PRICE

PLACE

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PRODUCT PRICE

PLACE PROMOTION

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INTERNET + PEOPLE

• Personalisation• Participation• Peer‐to‐Peer• Predictive Modelling

4 NEW P’S:

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PERSONALISATION

• Listen to consumers• Give consumers choice• Make it all relevant

tailoring a consumer product or service to meet their needs.

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PARTICIPATION

• Create an environment• Build communities• Reward participation

involving consumers in the marketing mix.

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PEER‐TO‐PEER

• Marketing messages are social• Messages are more valuable and trusted• Make things easier to share 

friends and peers are more trusted than adverts.

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“In the online world, businesses have the opportunityto develop very deep relationships with customers,both through accepting preferences of customersand then observing their purchase behaviour over time.”‐ Jeff Bezos, Founder of Amazon.com

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PREDICTIVE MODELLING

• Marketing that learns• Accept consumer preference• Consumer privacy, let them opt‐in 

marketing that is relevant to consumer behaviour.

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THANK YOU

Tyler Reedmobile: 082 664 7797email: [email protected]: www.tylerreed.co.zacompany: www.younique.co.za14th November 2007

For your time

about  YouniqueYounique is a social media marketing firm that helps companies understand and applythe latest social media technologies and methodologies primarily to their marketing campaignsas well as public relations and the enterprise. Younique also assists companies in engaging andinteracting with the youth.