MANAGEMENT

Detailed explanation-1: -Online marketing does not qualify as a sales promotion as it does not offer any incentive to the consumer on the purchase of the company’s product.

Detailed explanation-2: -The four Ps of marketing are Product, Price, Place and Promotion. Patience does not come under 4 Ps of marketing.

Detailed explanation-3: -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-4: -The overall 7 Ps of marketing is Product, Price, Place, Promotion, People, Process, and Physical Evidence.