BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Where the shop is
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How the products are delivered
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What the product is
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Digital Distribution
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Detailed explanation-1: -Place refers to where consumers buy your product, or where they discover it. Today’s consumers may learn about products and buy them online, through a smartphone app, at retail locations, or through a sales professional. Price refers to the cost of the product or service.
Detailed explanation-2: -A product is any item or service you sell to serve a customer’s need or want. They can be physical or virtual. Physical products include durable goods (like cars, furniture, and computers) and nondurable goods (like food and beverages).
Detailed explanation-3: -List price is not a part of product in marketing mix; it is the part of price mix.
Detailed explanation-4: -Types of Products – 3 Main Types: Consumer Products, Industrial Products and Services. There are a number of useful ways of classifying products. One of the most basic way was the different ways of making a journey.