ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A takeaway business that offers free local delivery within a 5 mile radius of its store is an example of putting an emphasis upon which element of the marketing mix?
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Price
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Product
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Place
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Promotion
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Explanation:
Detailed explanation-1: -Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix-Price, Product, Promotion and Place.
Detailed explanation-2: -In the marketing mix, place refers to where your product or service will be sold. For tangible products, this will include physical locations such as your own store, or a retailer where your product will be resold.
Detailed explanation-3: -What are the 5 tools of the promotion mix? The five tools of the promotion mix include advertising, personal selling, sales promotions, direct marketing, and public relations (PR).
There is 1 question to complete.