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From the 4 Ps to 5 Ps: Prompt, a New Element for the Marketing Mix: A Specific Analysis of the Coffee Market: The Portuguese Market

  • 2021
  • OriginalPaper
  • Chapter
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Abstract

The chapter delves into the evolution of the marketing mix, from the traditional 4 Ps to the proposed addition of 'prompt'—the ability to respond quickly and meet consumer demands. It focuses on the coffee market, particularly the Portuguese market, to analyze how 'prompt' affects consumer satisfaction and brand loyalty. The study finds that 'prompt' is indeed a critical factor, highlighting the need for companies to adapt their strategies to meet the fast-paced demands of modern consumers. The research offers valuable insights into the dynamic nature of consumer behavior and the importance of promptness in building brand loyalty.

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Title
From the 4 Ps to 5 Ps: Prompt, a New Element for the Marketing Mix: A Specific Analysis of the Coffee Market: The Portuguese Market
Authors
Sílvia Faria
Pedro Ferreira
Copyright Year
2021
DOI
https://doi.org/10.1007/978-3-030-65085-8_20
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