Marketing Mix Flashcards
1
Q
Product
A
Is a tangible/intangible item that is built or produced to satisfy the needs of a certain group of people
2
Q
Price
A
Is basically the amount that a costumer pays for to enjoy it
3
Q
Place
A
Have to position and distribute the product in a place that is accessible to potential buyers=TARGET MARKET
4
Q
Promotion
A
Important component of marketing as it can boost brand recognition and sales