WorksheetsUnderstanding the 7Ps of Marketing
Total questions: 15
Worksheet time: 8mins
The idea is to create an awareness, attract and induce the consumers to buy the product, in preferences over others.
(a)
Involves determining where the product will be available for consumers to purchase.
Product
Place
Price
People
The amount customers are charged to use/buy the good or service;
Product
Place
Price
People
The item meets the consumer's needs or desires.
Product
Place
Physical Evidence
People
If a company wants to expand its distribution channels to reach new markets and increase sales, it should focus on which P of the marketing mix?
a) Packaging
b) Price
c) Place
d) Product
Which of the following elements of the marketing mix involves the physical characteristics and attributes of a product or service?
a) Price
b) Packaging
c) Product
d) Promotion
It can be intangible or tangible as it can be in the form of services or goods.
Marketing Mix
Price
Product
Packaging
The amount that a customer pays for to enjoy it.
Price
Product
Promotion
Place
This refers to the tangible good or the tangible service that the enterprise offers to its customers in order to satisfy their needs and to produce their expected results.
Promotion
Place
Price
Product
This is the way the customer perceive the enterprise and its products or services in their minds.
Promotion
People
Positioning
Public Relation
This refers to the science, art and technology of enclosing or protecting products for distribution, storage, sale and use.
Public Relation
Positioning
People
Packaging
This refers to a location or the medium of transaction and is a vital factor in the success of business.
Promotion
Place
Price
Product
These are short term promotional gimmicks wherein practical incentives and appealing activities are incorporated to entice the customers to buy the product or avail the service.
Selling
Positioning
People
Promotion
This determines and reflects the amount of value that customer perceive.
Promotion
Place
Price
Product
What is 'Positioning'
Establishing a unique position in the minds of the target audience
Selecting specific segments as the focus of marketing efforts
Dividing a market into distinct groups with similar characteristics
