GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Place
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Price
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Product
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Promotion
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Detailed explanation-1: -Branding Packaging and Labelling This is a strategy designed by the organisations to help the people to quickly identify and experience their brand, and also give them a reason to choose their products over the competition’s or rival’s product.
Detailed explanation-2: -Packaging and labelling directly impact sales and profits as they offer detailed information on the price, quality, quantity, usage, ingredients, and features of the products. They also display the brand logo and message that help the customer find the product easily by creating a recall value.
Detailed explanation-3: -Labelling falls under the product element of marketing mix. Q. Product, Price, Place and are the four elements of the marketing mix.