ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The marketing mix is also known as?
A
The 4 P’s of Marketing
B
Promotion
C
Products
D
Coupons
Explanation: 

Detailed explanation-1: -The four Ps are product, price, place, and promotion.

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.

Detailed explanation-3: -The 4Ps of marketing is a model for enhancing the components of your “marketing mix” – the way in which you take a new product or service to market. It helps you to define your marketing options in terms of price, product, promotion, and place so that your offering meets a specific customer need or demand.

Detailed explanation-4: -Since then, the theory has been expanded into the 7 P’s of marketing. Which are: Product, Price, Promotion, Place, People, Packaging, and Process.

There is 1 question to complete.