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A Product Mix refers to the variety of mixture of products sold, manufactured, or produced by any given corporation or company. The mix in some companies vary more than others.
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Definition of marketing mix?
A marketing mix is a planned mix-up of the product's marketing plan which includes: place, promotion, product and price. These elements are adjusted until just the right combination is found. It must meet customer needs and generate the maximum income.
How do you determine the optimal product mix?
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
What is the different marketing mix between product-based and service-based businesses?
There is no definition for product based marketing mix anywhere so i dont know. However service-based is the 3 additional P's -people, process and physical evidence, so i assume product-based in the 4 P's ??
Is product part of the marketing mix?
The first element in the marketing mix is the product.
Describe the product mix concept?
product mix consist of product variety, size, packeging, labelling etc.
Definition of marketing mix?
A marketing mix is a planned mix-up of the product's marketing plan which includes: place, promotion, product and price. These elements are adjusted until just the right combination is found. It must meet customer needs and generate the maximum income.
How do you determine the optimal product mix?
Optimal product mix is at that point where net profit from thesales of that product mix is maximum.
What is the different marketing mix between product-based and service-based businesses?
There is no definition for product based marketing mix anywhere so i dont know. However service-based is the 3 additional P's -people, process and physical evidence, so i assume product-based in the 4 P's ??
What are the advantages of having a wide product mix?
advangage of product mix
Is product part of the marketing mix?
The first element in the marketing mix is the product.
What is the definition of product usage?
The definition of product usage is how a consumer uses a certain product. This is done by testing a product.
Describe the product mix concept?
product mix consist of product variety, size, packeging, labelling etc.
What is product mix expansion?
Product mix expansion is increasing the increasing the depth within the product l line
What is the impact of product mix in international busisness?
what is the impact of product mix in international business
What are tourism product mix?
trail mix
What is meant by product mix decisions?
The product mix is the number of varieties of product that a company sells. Product mix decisionsÊinclude which varieties of product to sell, as well as whether to create new products or to discontinue existing products.
What is the definition of mixing?
of Mix
