ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The place occupied by products in the heart and minds of the consumer.
A
Packaging
B
Positioning
C
Goods
D
Place
Explanation: 

Detailed explanation-1: -Positioning refers to the place that a brand occupies in the minds of the customers and how it is distinguished from the products of the competitors and different from the concept of brand awareness.

Detailed explanation-2: -Positioning: Creating an image of your product in your target customer’s mind.

Detailed explanation-3: -Place. The fourth P in the extended marketing mix is the place where your product or service is actually sold.

Detailed explanation-4: -Differentiated products Tries to claim a new space in the mind of the customer different from the spaces occupied by existing products but there would be additional benefits on special aspects of the product.

There is 1 question to complete.