Which of the following is NOT considered part of the marketing mix?

In the context of the marketing mix, which traditionally consists of the "4 Ps"—Product, Price, Place, and Promotion—"People" is not one of the original components. The marketing mix serves as a foundational framework for businesses to strategize their marketing efforts, ensuring they effectively address customer needs and market dynamics.

Promotion, Product, and Price are all integral elements that marketers manipulate to influence consumer behavior and achieve business objectives. Each element plays a distinct role; for instance, Product refers to the goods or services offered, Price denotes the amount customers must pay, and Promotion encompasses the communication strategies used to inform and persuade potential customers.

While "People" is critical in marketing, especially in services marketing or relationship management, it is not one of the traditional four pillars of the marketing mix. Thus, recognizing this distinction is essential in grasping the foundational elements that structure marketing strategies.