ENTREPRENEURSHIP

Detailed explanation-1: -Place. Place is the consideration of where the product should be available-in brick-and-mortar stores and online-and how it will be displayed.

Detailed explanation-2: -There are four types of products and each is classified based on consumer habits, price, and product characteristics: convenience goods, shopping goods, specialty products, and unsought goods.

Detailed explanation-3: -A consumer market is one where retailers sell goods and services to customers for personal use or consumption. It differs from the business market because buyers in the consumer market purchase products and services for individual use, not to resell for a profit.