The 4 P's Of Marketing Flashcards
1
Q
What is product?
A
A product can either be a tangible good or an intangible service that fulfils a need or want of customers.
2
Q
What is price?
A
Price determinations will impact profit margins, supply, demand and marketing strategy.
3
Q
What is place?
A
Place has to do with how the product will be provided to the customer.
4
Q
What is promotion?
A
Promotion includes elements like: advertising, public relations, social media marketing, email marketing and more.
