4min chapter

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280: The Strategy and Marketing Episode

Leading Learning Podcast

CHAPTER

The Market Insight Matrix for Product Place Price and Promotion

In marketing classes and textbooks the kind that you might find in an MBA the four P's of marketing are often covered. Product is most fundamentally about identifying and creating an offering that meets the needs of your audience. And beyond that the product P also includes making decisions about how and when to update and revise the product over time for market needs. So we know that by far the biggest issue learning businesses face is that they create products and then no one buys them. They haven't gotten the kind of market insight they need to be confident that whatever they create will actually resonate with a fundamental desire or need in their target audience. We have created a tool called the market insight matrix which can help organizations manage

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