Marketers Guide to Product Strategies || Season 8 || Behavioral Economics in Marketing Podcast

The Behavioral Economics in Marketing's Podcast

In the realm of marketing, the 'Product' is not merely a tangible item; it embodies the essence of a brand's identity and the promise it extends to its consumers. Positioned as one of the fundamental elements in the 4Ps framework, the Product is the heart of a company's marketing strategy, embodying features, design, quality, and the solution it provides to consumer needs. From innovative gadgets to life-changing services, each product is a meticulously crafted embodiment of a brand's value proposition. Join us on a journey as we unravel the significance of the 'Product' in the 4Ps of marketing, exploring how it serves as the focal point for consumer engagement, brand differentiation, and the ultimate expression of a company's commitment to meeting the evolving demands of its audience.
Behavioral Economics in Marketing Podcast | Understanding how we as humans make decisions is an important part of marketing. Behavioral economics is the study of decision-making and can give keen insight into buyer behavior and help to shape your marketing mix. Marketers can tap into Behavioral Economics to create environments that nudge people towards their products and services, to conduct better market research and analyze their marketing mix.

Sandra Thomas-Comenole | Host | Marketing professional with over 15 years of experience leading marketing and sales teams and a rigorously quantitative Master’s degree in economics from Rensselaer Polytechnic Institute. Check out her Linkedin profile here: Sandra Thomas-Comenole, Head of Marketing, Travel & Tourism