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

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2
Q

Price

A

Is basically the amount that a costumer pays for to enjoy it

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3
Q

Place

A

Have to position and distribute the product in a place that is accessible to potential buyers=TARGET MARKET

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4
Q

Promotion

A

Important component of marketing as it can boost brand recognition and sales

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