ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the goods or the services of the business is selling.
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how much people will pay for the product.
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where the product will be sold and how it will get to customers
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All financial aspects of the business
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Detailed explanation-1: -Place refers to where the product/service of the business is seen, made, sold, or distributed. In essence, place decisions are associated with distribution channels and ways of getting the product to targeted key customers.
Detailed explanation-2: -Place (or distribution): The activities that make the product available to consumers. Promotion: The activities that communicate the product’s features and benefits and persuade customers to purchase the product.
Detailed explanation-3: -Place. In the marketing mix, place refers to where your product or service will be sold. For tangible products, this will include physical locations such as your own store, or a retailer where your product will be resold.
Detailed explanation-4: -Introduce a loyalty program. Create an email win-back campaign. Email or SMS sign-up coupons. Release new items on a schedule. Build a subscription model. Use mean, median, and mode to your advantage. Perfect the cross-sell and upsell. Start with paid marketing to find your footing. More items •29-Apr-2022