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In this insightful video, join Rebecca on Chat with Rebecca as she breaks down the essence of marketing strategy through the lens of the 4 P's: Product, Price, Place, and Promotion. Using vivid examples of an expensive designer bag versus a cheaper regular bag, Rebecca elucidates how these principles apply to both luxury and everyday products. Discover the intricate balance between craftsmanship and affordability, exclusivity and accessibility, as we navigate through the world of marketing tactics. Whether you're a seasoned marketer or a budding entrepreneur, this video offers valuable insights into crafting effective strategies to propel your business forward. Tune in and uncover the secrets behind successful marketing campaigns! Don't forget to like, share, and subscribe for more enriching content from Chat with Rebecca. If you didn't catch our video on building a robust business, you can watch it here: • How to Build a Strong Business - Tips for ... #Entrepreneurship #BusinessTips #StartupSuccess #EntrepreneurialJourney #BusinessDevelopment #SuccessStrategies #EntrepreneurialMindset #SmallBusinessOwners #BusinessIdeas #YouTubeBoost #AlgorithmFriendly #Hacks #Tips #Business #money Time stamps: 00:00: Introduction 00:48: The 4 P's of Marketing mix 01:24: Definition of the 4 P's 02:01: Practical Example given 02:16: 1st P - Product 03:02: 2nd P - Price 04:36: 3rd P - Place 07:47: 4th P - Promotion 09:16: 4 P's summarized 11:59: Business Nugget 13:06: Conclusion