International Journal For Multidisciplinary Research

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Analysis on the Digital Marketing Vs Traditional Marketing 7P’s of Marketing Mix: the Core Elements for Service Marketplace

Author(s) Nupur, Dr Bajrang Yadav
Country india
Abstract Marketplace consists of two kinds of sectors i.e.Product market and service market. Thesuccess of any market depends on marketing mix. Both product and service markets have respectively 4P’s and 7 P’s in their marketing mix. The marketing mix of service market is also known as the extendedmarketing mix. In this research paper, we are discussing the 7 P’s of marketing mix belongs to servicemarkettobesustainable in such competitive era. Traditionally, we sell our products and services to the general population. Thetypical response rate for outbound communications in conventional marketing is usually between 0.5percentand 2percent,depending onthe mediumused. The Internet are revolutionising the way businesses communicate withtheir customers, making it easier and more efficient than traditional marketing methods. Internet access isavailable 24 hours a day, seven days a week, 365 days a year, making it more convenient for today'susers.
Keywords InternetMarketing,TraditionalMarketing,Purchase,e-Commerce E-Commerce, OpenNetworkforDigitalCommerce(ONDC),Online,Marketplace,Platform
Field Mathematics > Economy / Commerce
Published In Volume 5, Issue 3, May-June 2023
Published On 2023-05-22
Cite This Analysis on the Digital Marketing Vs Traditional Marketing 7P’s of Marketing Mix: the Core Elements for Service Marketplace - Nupur, Dr Bajrang Yadav - IJFMR Volume 5, Issue 3, May-June 2023.

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