Business Studies, asked by nandipatisaiteja4342, 1 year ago

Which of the following correctly describe the marketing mix for products?
Product,price,place,promotion
Product,price,place,production
Production ,price,place,promotion
Placement,promotion,price,place

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Answers

Answered by ParagBaishya
0

Answer:

Product Price Place Promotion

Explanation:

Commonly knows as the 4Ps of Marketing. They constitute the Marketing mix

product- it is the physical product which is to be marketed

price- the price of the product for which it is to be marketed

place- the place of Marketing the product, (the various channels of distribution)

promotion- promotional techniques used to market the product such as discounts, price off, buy one get one etc.

Note: The answer is a very basic explaination. To have a proper understanding of the concept I recommend referring to books or the internet.

Answered by bratislava
0

Product, price, place, promotion correctly describe the marketing mix for products.

Explanation:

  • A marketing mix is a tool for business that is focused on the price, place, promotion, and the product that is called the 4 Ps of management.
  • These act as tools to identify the targeted audience and provide a broad level of decision-making and analysis for the company.
  • The product is an item that matches the need and wants of clients.
  • The price is the amount of customer is willing to pay. It may be variable or fixed in nature. It includes setting high and low prices etc.
  • The place is the location that refers to providing customer access. It provides convenience to the clients. Such as franchising, marketing coverage, and transport.
  • Promotion is marketing communication such as PR events.

Learn more about the Which of the following correctly describe the marketing mix for products.

  • brainly.in/question/11799465 answered by ParagBaishya.
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