ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It could be your entire sales funnel, a pay system, distribution system and othersystematic procedures and steps to ensure a working business that is running effectively.
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Place
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Price
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People
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Process
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Explanation:
Detailed explanation-1: -This is the last optional strategy for the maturity stage. Modification of marketing mix involves changing the elements of marketing mix. This may stimulate sales. Company should reasonably modify one or more elements of marketing mix (4P’s) to attract buyers and to fight with competitors.
Detailed explanation-2: -During the 1950s the components of the marketing mix were conceived as the “four Ps” and were defined as follows: Product: the goods and services offered. Promotion: communication and information. Place: distribution or delivery.
There is 1 question to complete.