ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The element of place, in the marketing mix refers to
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Where products or services are made available to customers
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Will the product be higher than its competitors
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Where the products are manufactured
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Where the products are thrown away
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Explanation:
Detailed explanation-1: -As we’ve mentioned, place is the element of the marketing mix that ensures that the product is distributed and made conveniently available for the consumer-at the right location at the right time.
Detailed explanation-2: -The “place” in a marketing mix refers to the placement of the sale or product distribution. An effective channel of distribution is one that’s convenient for your customer base to access and should be located in an area that your buyer personas are exposed to.
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