ENTREPRENEURIAL MARKETING
MARKETING MIX
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Product
|
|
|
Price
|
|
|
Place
|
|
|
Promotion
|
Detailed explanation-1: -Examples of the promotion of sales are short lived lower prices, coupons with a few cents off, and “buy an item, get another one free” offers. Advertising is used to make the identity of a brand as well as the value of a brand more visible to create an emotional tie to a future customer.
Detailed explanation-2: -Competitions and giveaways. Flash sale or limited-time price reduction. Bundling of products or services. Free trial or demo. Limited-time free shipping or transfer between platforms or services. Limited-time freebies. First purchase coupon. Buy one, get one free. More items
Detailed explanation-3: -1) Pay Per Click (Search Ads) 2) Social Media Ads. 3) Email Marketing. 5) Influencer Marketing. 6) Podcast Ads. 7) Referrals. 8) Location-Based Offers. 10) Video Content & Advertising. More items