ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Only focus on the customer
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Be consistent with overall goals that have been set for the business
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Focus primarily on the product and profit
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not matter. You got this!
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Detailed explanation-1: -A marketing strategy should always be consistent with the overall goals that have been set for the business. Short-term goals are what you want your business to achieve in the next month. A business’s marketing plan should never be included in the business plan.
Detailed explanation-2: -The purpose of marketing is to reach your target audience and communicate the benefits of your product or service-so you can successfully acquire, keep, and grow customers. So, your marketing goals must relate to the specific business objectives your company wants to achieve.
Detailed explanation-3: -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.