GENERAL KNOWLEDGE

Detailed explanation-1: -The marketing mix consists of the four key elements of a marketing strategy: product, price, place and promotion.

Detailed explanation-2: -The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ‘’ or the combined tools and methodologies used by marketers to achieve their marketing objectives.

Detailed explanation-3: -Marketing Mix MCQs The 4P’s make up the typical marketing mix and it includes Product, Place, Price and Promotion.

Detailed explanation-4: -The 7Ps of marketing are – product, pricing, place, promotion, physical evidence, people, and processes. The 7 Ps make up the necessary marketing mix that a business must have to advertise a product or service.

Detailed explanation-5: -A marketing mix can consist of any combination of factors, but most commonly refers to what is known as the 4 Ps of marketing: product, price, promotion and place. Each of these four Ps can influence a consumer’s decision-making.