ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A local florist chooses to locate her new store in a mall instead of a small building across the street from the mall. This is an example of:
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product
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planning
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price
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place
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Explanation:
Detailed explanation-1: -Examples of place strategy in marketing include using wholesale centers, retail outlets, physical stores or online platforms as the channels for product placement and trade promotions.
Detailed explanation-2: -What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ‘’ or the combined tools and methodologies used by marketers to achieve their marketing objectives.
Detailed explanation-3: -Place refers to the location where people can buy products.
There is 1 question to complete.