ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A combination of four( P’s) strategies that management uses to market a product and achieve organizational goals
A
Marketing Mix
B
Psychographics
C
Customer Profile
D
Marketing Concept
Explanation: 

Detailed explanation-1: -The marketing mix, also known as the four P’s of marketing, refers to the four key elements of a marketing strategy: product, price, place and promotion.

Detailed explanation-2: -Promotion. In the 4 Ps of marketing, promotion refers to the activities that a company undertakes to communicate and promote its products or services to its target audience.

Detailed explanation-3: -The 4Ps of marketing is a model for enhancing the components of your “marketing mix” – the way in which you take a new product or service to market. It helps you to define your marketing options in terms of price, product, promotion, and place so that your offering meets a specific customer need or demand.

Detailed explanation-4: -Market Penetration Strategy. Market Development Strategy. Product Development Strategy. Diversification Strategy.

There is 1 question to complete.