
The updated 7ps
Authored by Ma. Magno
Business
University

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18 questions
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1.
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1 min • 1 pt
often referred to as the Extended Marketing Mix or 7Ps of Marketing; provides a more comprehensive framework that reflects the modern marketing environment, especially in the service sector and digital marketing landscapes, where customer experience and service delivery are crucial.
(a)
2.
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1 min • 1 pt
The Updated Marketing Mix include three additional elements:
(a)
3.
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1 min • 1 pt
The 7Ps of Marketing:
(a)
4.
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1 min • 1 pt
The distribution channels and locations where the product or service is available for customers to purchase; focus on ensuring that products are available in the right locations at the right time.
(a)
5.
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1 min • 1 pt
The goods or services offered by a business to satisfy customer needs and desires; extends beyond physical goods to include digital products, services, experiences, and solutions.
(a)
6.
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1 min • 1 pt
The amount of money customers must pay to acquire the product or service; crucial as they directly impact revenue, profitability, and customer perception of value.
(a)
7.
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1 min • 1 pt
The activities that communicate the product’s benefits and features to the target audience to persuade them to purchase; encompasses advertising, sales promotion, personal selling, public relations, and direct marketing.
(a)
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