THE MARKETING MIX
The preceding environmental variables will provide much important information in deciding what will be the most effective marketing strategy to be outlined in the marketing plan. The actual short-term marketing decisions in the marketing plan will consist of four importance marketing variables: product or service, pricing, distribution, and promotion. These factors are referred to as the marketing mix. Each variable will be described in detail in the strategy or action plan section of the marketing plan discussed later in this. Although flexibility may be important consideration, the entrepreneur needs a strong base to provide direction for the day-to-day marketing decisions. Some of the critical in each area are described.