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the coffee collective does brisk business in the heart of this college town but the shop success cant be measured in just dollars and cents the 4 ps product price place and promotion are important functions of any business but they are just one part of a companys marketing plan not the only part the 4 ps represent the implementation phase but you cant offer a quality product at a fair market price in the right place without first going through the necessary steps of planning Martha had always dreamed of opening up an independent coffee house but she knew there was a lot of competition she used a SWOT analysis to assess her own internal business plan and the external environment the big corporate franchise five bucks turns out Cup after cup of consistent coffee but doesnt offer much to locals beyond the place to sit and some Wi-Fi and the local convenience store in the opposite corner has no amenities at all Martha saw an opportuni
