ENTREPRENEURIAL MARKETING
MARKETING MIX
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Question related to the product element of marketing:
|
|
How much should the product cost?
|
|
|
Where should the product be sold?
|
|
|
What level of quality should be produced?
|
|
|
What media should be used to promote the product?
|
Explanation:
Detailed explanation-1: -The four Ps are the four essential factors involved in marketing a product or service to the public. The four Ps are product, price, place, and promotion. The concept of the four Ps has been around since the 1950s.
Detailed explanation-2: -What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ‘’ or the combined tools and methodologies used by marketers to achieve their marketing objectives.
There is 1 question to complete.