ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
WHAT DOES THE OVERALL MARKETING MIX CREATE?
A
CUSTOMER NEEDS
B
A UNIQUE SELLING POINT FOR A PRODUCT
C
BUSINESS OBJECTIVE
D
None of the above
Explanation: 

Detailed explanation-1: -The overall marketing mix creates a unique selling point for a product. The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix-Price, Product, Promotion and Place.

Detailed explanation-2: -Unique products are those that offer something different than competing products, often providing a better solution to a problem or providing a more comprehensive set of features.

Detailed explanation-3: -Define your target market. Identify what makes your product or service unique. Position your USP to highlight benefits. Make your USP clear and concise. Test and revise your USP. Promote your Unique Selling Proposition. 18-Mar-2022

There is 1 question to complete.