Marketing Environment-PESTLE | Philip Kotler | Hindi

Marketing Environment plays a vital role in success of a product or service.

It mainly falls into 6 categories :

1. Political : Type of govt. Do they support innovations or woek for their profit?

2. Economic : Purchasing power of the consumers. Do they prefer buying costly or cheap products?

3 Social : What is the thinking of the society of that country?

4. Technology : What is the technological environment? Are they more smart in that area or not?

5. Legal : Amount of paperwork,documentations...

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From: Intellectual Indies

Related topics : social marketing by philip kotler