GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Brand Management
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Marketing effectiveness
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Marketing Strategy and Research
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All of the above
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Detailed explanation-1: -Learning and comprehending the wants/needs of the consumer through online interaction. Creating products that meet the needs of the target consumer. Leading the competition in customer satisfaction. Making sure a business’ efforts make a profit for the organization.
Detailed explanation-2: -The four Ps are a “marketing mix” comprised of four key elements-product, price, place, and promotion-used when marketing a product or service. Typically, businesses consider the four Ps when creating marketing plans and strategies to effectively market to their target audience.
Detailed explanation-3: -The 5 P’s of Marketing – Product, Price, Promotion, Place, and People – are key marketing elements used to position a business strategically.
Detailed explanation-4: -Market (your intended audience); Medium (how you will communicate); Method (the platforms and touch points of distribution); Means (the cost in time, personnel, and finances).
Detailed explanation-5: -The marketing concept rests on four pillars: target market, customer needs, integrated marketing and profitability.