5P in Marketing

This post is for those who already developed their home business and they seek some information to market their product.

The important things to market your product are

1.Plan: The Business Plan you developed must be best and see to that if any other company have successfully developed and used it.

2.Product: The Product you intend to develop. Is you product is needed by most customers? Is you product very competitive? All these factors should be well analyzed.

3.Price: what price you can fix for your product. If similar products are already in market. Simply make it cost effective from those products

4.Promoter: You are the Promoter. If your competitor is a very big firm. then you would have to think about it,

5.Place- Very Important. where do you plan to sell your product.

These are called 5P's in marketing!!