A bank stops opening new branches and builds an app so customers can open an account from home at any hour. Which of the 4 Cs is this, and which P does it replace?
- The change is about how easily the customer can get the service.
- In the 4 Ps, where a product is available is called place.
- Lauterborn replaced place with the buyer’s view of the same thing.
Answer: Convenience, which replaces place.