ENTREPRENEURIAL MARKETING
MARKETING MIX
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the 4P’s does this represent:Transportation
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Product
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Price
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Place
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Promotion
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Explanation:
Detailed explanation-1: -The 4 Ps of marketing are a collection of four essential elements of a marketing campaign-namely product, price, promotion, and place. Also known as “the marketing mix, ‘’ the 4 Ps collectively create a framework for organizing and planning a marketing strategy for a product or service.
Detailed explanation-2: -The four “P’s” of marketing – Product, Price, Place, Promotion are old news. They’ve been replaced with the four “E’s” – Experience, Exchange, Everyplace, Evangelism. The Four Ps were developed in a different environment. Marketers were sovereign.
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