Marketing mix Flashcards

1
Q

Name the 4 elements of The marketing mix

A

-Place
-Product
-Price
-Promotion

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2
Q

Explain how promotion is a good element of the marketing mix

A

-Because if a business promote then potentially customers are likely to see it and purchase the product

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3
Q

name different ways of promotion

A
  • Social media
  • Tv adverts
  • Billboards
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4
Q

Why is price a important element of the marketing mix

A

-Because customers want a affordable price that is balanced by the quality of the good or service

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