Marketing Flashcards

1
Q

Marketing mix

A

Refers to set of actions…

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2
Q

4 P’s

A

Product
Price
Place
Promotion

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3
Q

4 P’s

A

Product
Price
Place
Promotion

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4
Q

Product

A

Type of product going to sell. - physical product or a service

Quality
Design
Brand Name
Feautures
Packaging 
Services
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5
Q

Price

A

The price people are willing to pay

List price
Discounts
Credit terms
Entrance into the market

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6
Q

Place

A

The place of business

Channels
Coverage
Transportation 
Location
Logistics
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7
Q

Promotion

A
Advertising 
Personal selling
Direct marketing 
Sales promotion 
Public relations
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8
Q

Service marketing mix

A

7 p’s

Product
Place
Promotion
People
Price
Process
Physical Evidence
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9
Q

4 C’s

A

Customer needs and wants
Cost to customer
Convenience
Communication

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