When it's come to marketing strategy, Marketing mix is an important tool as it helps us to put our product in the right place, at the right price and the right time. Also, the marketing mix helps us to create the right roadmap to achieve our business objectives. So here are the 10 steps to create an effective marketing mix for your business.
- Set your business goals and objectives
- Create your budget
- Find your unique selling proposition
- Define your target market
- Get advice from your customers
- Define your product details
- Get to know your distribution channels
- Build a pricing strategy
- Select your promotional ways
- Make use of Inbound marketing
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