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Marketing MIX COMPROMISES of 4p's ,
Product- can be defined as the tangible and the physical attributes- such as the weight dimensions and the materials. Its the product which a marketer has to market , so all the marketing strategies are made to ponder a product.
PRICE - It is the sum all the values that consumers exchange or the benefits of having or using the product or services. Price is the only element in the marketing mix which produces revenues and plays a vital role in marketing objectives.
PLACE- distribution channels make the product available to the end users and help marketers in segmenting a product where it will consumed in an optimum way.
PROMOTION- its the way a marketer is able to promote his/her product through advertisements ,promotions,print media and all other factors to make a product known to the customers .
All these mixes help a marketer in making critical decisions before and after the launch of a product.
What else can I help you with?
How is the knowledge of just noticeable difference assists marketers when structuring their marketing mix elements?
Ccasc
What are ethics of marketing?
For marketing, business ethics is given a more importance. Being honest and reliable is the markting ethics. Internet marketing is the domain field where susceptible people fall to dishonest unethical marketers. But, this is against marketing ethics.
What are the marketing mix and importance in business?
product place price promotion
All workers are marketers discuss in marketing?
All workers are marketers. In marketing, workers will do everything possible to ensure that they produce great products or facilitate the production all of which will amount to marketing.
What is importance of marketing to consumers?
1) What is the importance of marketing to you as a consumer 2) Briefly discuss how the Marketing concept has contributed to the Modern Practice of Marketing today 3) How does marketing affect the activities of organizations including non-profit 4) What is the beauty of Sales promotion to the consumer and the Organization? 5) What is the most important element of the Marketing Mix? and reasons for answer 6) What is the importance of Consumer behaviour to the Marketer?
How is the knowledge of just noticeable difference assists marketers when structuring their marketing mix elements?
Ccasc
When was the marketing concept born?
In 1951 the earth moved. That was the year marketers first embraced the marketing concept. The marketing concept decrees that customers should be the focal point of all decisions about marketing mix variables.
What are ethics of marketing?
For marketing, business ethics is given a more importance. Being honest and reliable is the markting ethics. Internet marketing is the domain field where susceptible people fall to dishonest unethical marketers. But, this is against marketing ethics.
What are the marketing mix and importance in business?
product place price promotion
All workers are marketers discuss in marketing?
All workers are marketers. In marketing, workers will do everything possible to ensure that they produce great products or facilitate the production all of which will amount to marketing.
Future for email marketing in India?
Investment growth in channels. 66% of marketers are ready for investing in social whereas 55% of marketers are keen to explore email marketing. According to the reports, email marketing investment was not given much importance before 4-5 years in India, but this has grown phenomenally by 38% over the last 5 years.Visit Us: handysends
What is importance of marketing to consumers?
1) What is the importance of marketing to you as a consumer 2) Briefly discuss how the Marketing concept has contributed to the Modern Practice of Marketing today 3) How does marketing affect the activities of organizations including non-profit 4) What is the beauty of Sales promotion to the consumer and the Organization? 5) What is the most important element of the Marketing Mix? and reasons for answer 6) What is the importance of Consumer behaviour to the Marketer?
Which type of environment involves the natural resources that are needed as inputs by marketers of those that are effected by marketing activities?
The type of environment that involves natural resources needed as inputs by marketers, as well as those affected by marketing activities, is known as the ecological or physical environment. This encompasses the availability and sustainability of resources such as raw materials, water, and energy, which are essential for production and distribution processes. Additionally, marketers must consider the environmental impact of their activities on ecosystems, wildlife, and communities, highlighting the importance of responsible marketing practices.
How do graphic standards impact marketing?
Graphic standards impact marketing in that they may limit the expressiveness of marketers
What is Starbucks marketing mix?
What is Starbucks marketing mix?
Where can one find good web marketers in the UK?
There are a wide variety of web marketers in the UK. Some of these that are well known for their marketing services are Distilled and Benedict, as well as MonkeyFish Marketing. Other web marketers in the UK include Clicky Media, Hobo, and Fresh Egg.
What are the 2 types of marketing variables?
The two types of marketing variables are controllable and uncontrollable variables. Controllable variables, also known as the marketing mix, include elements like product, price, promotion, and place, which marketers can adjust to influence consumer behavior. Uncontrollable variables, on the other hand, encompass external factors such as economic conditions, competition, and consumer trends that marketers cannot directly change but must adapt to. Understanding both types is crucial for developing effective marketing strategies.
