Marketing Diagram with Target Market

Here's a helpful diagram illustrating the core elements of a marketing strategy, centered around the crucial concept of the target market. It breaks down the widely recognized '4 Ps' of marketing: Product, encompassing features, brand, services, innovation, style, and image; Price, covering list price, discounts, terms, conditions, and cross-selling; Place, which includes channel, inventory, distribution, and logistics; and Promotion, dealing with advertising, sales force, and packaging. This visual guide makes it easy to grasp how these components work together to effectively reach an intended audience.

marketing - strategy - target market - 4 ps - business - promotion