5f) The 7ps of marketing part 1 Flashcards
1
Q
What is a product?
A
A product is a good or service that
is offered to customers to satisfy a
need or want.
2
Q
What is price?
A
Price is the amount that a
customer pays for a good
or service.
3
Q
What is place?
A
Place relates to how a
business distributes its product
to customers.
4
Q
What is promotion?
A
Promotion is the marketing communications used by a business to inform, promote and remind its target market about its product.
