ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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an unfulfilled desire
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financial ability or resources
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the willingness to satisfy that desire
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all of the items listed
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Detailed explanation-1: -What are customer needs? Customer needs are the psychological and physical motivations that make someone want to purchase a product or service and stay loyal to that business. For example, customers today need quick and convenient ways to reach support online.
Detailed explanation-2: -The four Ps are a “marketing mix” comprised of four key elements-product, price, place, and promotion-used when marketing a product or service. Typically, businesses consider the four Ps when creating marketing plans and strategies to effectively market to their target audience.
Detailed explanation-3: -Age of buyers. Size of the market. Customer buying patterns. Customers’ income. State of the current market. Competition. How to distribute the product. 26-Jan-2023