ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Before customizing the marketing mix, marketers should
A
select the strategy.
B
decide the price.
C
choose the vendors.
D
pick the product.
Explanation: 

Detailed explanation-1: -There are two basic steps you must take before developing the marketing mix. The first is to identify your overall goal or marketing strategy. The second is to identify your target audience. Then you can proceed to develop the marketing mix.

Detailed explanation-2: -The marketing mix in marketing strategy: Product, price, place and promotion. The marketing mix is the set of controllable, tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product.

There is 1 question to complete.