Marketing mix Flashcards
1
Q
Name the 4 elements of The marketing mix
A
-Place
-Product
-Price
-Promotion
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
3
Q
name different ways of promotion
A
- Social media
- Tv adverts
- Billboards
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