ENTREPRENEURSHIP

Detailed explanation-1: -Place decision is the marketing element focusing on considerations in getting a selected product in the right place at the right time. Product decision refers to what goods, services, or ideas a business will offer its customers.

Detailed explanation-2: -Place. This is where your business sells its products or services and how it gets those products or services to your customers. It’s also known as “distribution.” Your place lets consumers know where they can find and receive your goods and services.

Detailed explanation-3: -Furthermore, product considerations are the product characteristics that marketing practitioners must consider when designing and developing a new product or managing an existing product.

Detailed explanation-4: -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.