ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A marketer who changes the product element in the marketing mix should re-evaluate the other marketing elements because the elements are
A
independent.
B
unique.
C
interrelated.
D
detached.
Explanation: 

Detailed explanation-1: -Place (or Distribution) Place involves choosing the place where products are to be made available for sale. The primary motive of managing trade channels is to ensure that the product is readily available to the customer at the right time and place.

Detailed explanation-2: -Promotion. The goal of promotion is to communicate to consumers that they need this product and that it is priced appropriately. Promotion encompasses advertising, public relations, and the overall media strategy for introducing a product.

Detailed explanation-3: -Product (or Service) Your customer only cares about one thing: what your product or service can do for them. Price. Many factors go into a pricing model. Promotion. Place. People. Packaging. Process.

There is 1 question to complete.