ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Price
|
|
|
Place
|
|
|
Promotion
|
|
|
Product
|
Detailed explanation-1: -Place (or distribution): The activities that make the product available to consumers. Promotion: The activities that communicate the product’s features and benefits and persuade customers to purchase the product.
Detailed explanation-2: -Place. In the marketing mix, place refers to where your product or service will be sold. For tangible products, this will include physical locations such as your own store, or a retailer where your product will be resold.
Detailed explanation-3: -Introduce a loyalty program. Create an email win-back campaign. Email or SMS sign-up coupons. Release new items on a schedule. Build a subscription model. Use mean, median, and mode to your advantage. Perfect the cross-sell and upsell. Start with paid marketing to find your footing. More items •29-Apr-2022