How can a small local business with no marketing budget use social media to attract more customers?
Last Updated: 30.06.2025 03:04
as well as uncontrollable factors (Politics, Economics. Social-cultural issues, Legal & compliance requirements, Technology, Ecology, Ethics, and Demographics.
People
Perception
McDonald’s bringing it’s own version of iconic dessert to its McFlurry menu - MLive.com
Place
Good marketing is doing this well.
Utilising social media means allocating resources to that endeavour - so you must have a budget of some sort.
Product
If you are in business, you ARE “marketing”. If you don't have a PROMOTION budget, you are marketing badly.
Processes
Immunotherapy Drugs Show Major Progress in Early-Stage Cancer - Bloomberg.com
AND Promotion> (Advertising, PR, Personal Selling and Sales Promotion - Digital or analogue)
Price
Marketing is balancing and organising all the factors that create an exchange between buyer and seller, including:
If you were a writer for HBO, how would you rewrite the final season of Game of Thrones?