ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The single most important element of Marketing Mix is..
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Price
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Product
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Place
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Promotion
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All equaly important
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Explanation:
Detailed explanation-1: -Pricing is the most important element of your marketing mix. The price you set for a product or service will significantly influence your potential customers’ choice to purchase it.
Detailed explanation-2: -Importance of Marketing Mix Helps understand what your product or service can offer to your customers. Helps plan a successful product offering. Helps with planning, developing and executing effective marketing strategies. Helps businesses make use of their strengths and avoid unnecessary costs.
Detailed explanation-3: -Price: Pricing is the most important elements of marketing mix. Price is the amount of money which the customer need to pay to own a product.
There is 1 question to complete.