Marketing Mix

What is a target audience?

• The people the business want to sell to

• The people the business does not want to sell to

• The people the business want to work for them

• A and C

• None of the above

What are the 4Ps of Marketing Mix?

• Product

• Price

• Price Elasticity

• Promotion

• Place

A particular group of consumers at which a product or service is aimed.

• Target Marget

• Target Consumer

• Target Place

• Target Price

a general phrase used to describe the different kinds of choices organizations have to make in the whole process of bringing a product or service to market.

• Product/Service

• Target Marget

• Promotion

• Marketing Mix

The ideal locations are to convert potential clients into actual clients.

• Price

• Place

• Promotion

• Product/Service

An item that is built or produced to satisfy the needs of a certain group of people.

• Place

• Process

• Promotion

• Price

• Product

Basically the amount that a customer pays for to enjoy it.

• People

• Price

• Process

• Place

• Product

You have to position and distribute the product in a ________that is accessible to potential buyers.

• Promotion

• Physical Environment

• Place

• Product

• Process

A very important component of marketing as it can boost brand recognition and sales.

• Place

• Process

• Product

• Price

• Promotion

Promotion is comprised of various elements like:

• Sales Promotion

• Sales Organization

• Market Place

• Public Relations

• Advertising