Narrate the elements of marketing mix
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A brief description of the four elements of marketing mix (Four Ps) is:
Product: The product itself is the first element. Products must satisfy consumer needs. The management must, first...
Price: The second element to affect the volume of sales is the price. The marked or announced amount of money asked...
Promotion: The product may be made known to the consumers. Firms must undertake promotion work-advertising,...
Distribution (place):
Explanation:
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Some of the most important elements of marketing mix are as follows: 1. Product 2. Price 3. Promotion 4. Place 5. Process 6. People 7. Physical evidence.
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