7Ps OF MARKETING MIX

1. This element of market mix refers to the tangible good or the intangible service that the enterprise offers to its customers in order to satisfy their needs and to produce their expected results.

• Positioning

• Place

• Product

• Packaging

1. To create a customer awareness, to arouse customer interest, to educate customers as they evaluate their buying choices, and to close the sale and deliver the products are attributed to this particular marketing mix.

• Product

• People

• Positioning

• Price

Why is customer satisfaction important to a business?

• customers will become repeat buyers
• customers will be happy
• customers are stakeholders
• customers are never satisfied

How potential customers will be told about a company's products, including the message, media selected, special offers and the timing of campaigns.

• company advertisement
• Product
• Placement of product
• Promotion

A ____________is anything offered to a market by the business to satisfy needs, could include physical products or intangible services.

• Price
• Product
• Place/Distribution
• Promotion

The amount of money charged and/or the sum of values that consumers exchange for the benefits of having or using the product

• Sell
• Price
• Product/Service Management
• Promotion

The 4 components of the Marketing Mix are Product, Price, People, and Place? False True

• False
• True

We need to get the marketing _______ right on this new product or it won't be a success

• goods
• services
• consumers
• mix

The __________ is the amount the customer will pay for the product. The value of money or its equivalent placed on a good or service.

• Price
• Product
• Place
• Promotion

what are Products

• A product is a good or a service.

• a business

• a tree

• financial grain