Some advantages of marketing mix are:
- The marketing mix helps marketers plan their campaigns better.
- It makes sure all marketing work heads toward one business goal.
- The marketing mix keeps product, price, place, and promotion working together.
- It gives marketers a clear setup for making good decisions.
- A balanced marketing mix boosts overall marketing results.
Some disadvantages of marketing mix are:
- The marketing mix gives a limited view of marketing activities.
- It focuses too much on internal planning rather than customer needs.
- The model is hard to apply in service and digital industries.
- It does not explain how marketing elements interact in real markets.
- The traditional 4Ps model fails to reflect modern marketing practices.