ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which part of the four P’s of marketing effects the location and transportation of the product
A
Place
B
Planning
C
Pricing
D
Promotion
Explanation: 

Detailed explanation-1: -Place is where you sell your product and the distribution channels you use to get it to your customer. Much like price, finding the right place to market and sell your product is a key factor in reaching your target audience.

Detailed explanation-2: -The Third P of Marketing: Place The place is where you market and distribute your product. Remember that not every place makes sense for every product. For example, if your target market is seniors, then it won’t make sense to market on TikTok.

Detailed explanation-3: -Place (or Distribution) Place involves choosing the place where products are to be made available for sale.

There is 1 question to complete.