ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Whith of the 4 P’s of the marketing mix concerns the various outlets and channels a business uses to distribute its products?
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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 four Ps of marketing: product, price, place and promotion. The marketing mix can be divided into four groups of variables commonly known as the four Ps: Product: The goods and/or services offered by a company to its customers. Price: The amount of money paid by customers to purchase the product.
Detailed explanation-2: -Place – the third P of the marketing mix The third P of marketing is about where you will sell your product or service. This encompasses both your distribution channels and your place in the market. Your distribution channels are the avenues through which you reach your target market.
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