ENTREPRENEURIAL MARKETING
MARKETING MIX
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
Product/ Service Management
|
|
Promotion
|
|
Selling
|
|
Pricing
|
Detailed explanation-1: -Marketing refers to all activities a company does to promote and sell products or services to consumers. Marketing makes use of the “marketing mix, ‘’ also known as the four Ps-product, price, place, and promotion.
Detailed explanation-2: -Digital marketing involves marketing to consumers through digital channels, including websites, mobile devices, and social media platforms. This form of marketing is different from internet marketing, which is exclusively done on websites.
Detailed explanation-3: -The product life cycle is the process a product goes through from when it is first introduced into the market until it declines or is removed from the market. The life cycle has four stages-introduction, growth, maturity, and decline.