All Marketing Challenges Revolve Around 5 C’s and 4 P’s
When embarking on new marketing strategies and campaigns, the first step we all need to take is establish what we want to gain. What does success look like? What do we want to achieve that our existing marketing hasn’t?
The second step is to determine what has prevented that success? In nearly every scenario, you’ll find the causes of — and solutions to — these obstacles can be attributed to at least one of the 5 C’s and/or the 4 P’s of marketing.
The 5 C’s:
Customers — who you want to sell to
Company — how your organization is structured
Competitors — who (or what) is trying to take your customers from you
Collaborators — who are your force multipliers
Context — what external factors affect you, your customers, competitors, and collaborators
The 4 P’s:
Product — what you want to market
Price — how much to charge for your product
Place — where your product will be marketed (places can be physical or digital)
Promotion — how you inform your customers about your product
At The Saltzman Company, we use the 5 C’s and 4P’s to identify where bottlenecks and challenges exist, as well as how to overcome them. Our goal is our clients’ success, the way they define it.