What is a promotional mix? A promotional mix is a combination of marketing methods including advertising, sales, public relations and direct marketing to achieve a specific marketing goal.
What are the 4 Ps provide an example for each?
- Product: What you sell
- Price: How much do you charge and how does that impact how your customers view your brand?
- Place: Where do you promote your product or service?
- Promotion: How do your customers find out about you?
What are the 4Ps of Coca Cola
It analyses the 4Ps (Product, Price, Place, and Promotion) of Coca-cola company and explains its business & marketing strategies.
Which of the following is an inherent weakness of advertising
Which of the following is an inherent weakness of advertising? It is difficult to receive good feedback.
Is an approach to business that focuses on satisfying customer needs and wants while making a profit for the company
Market orientation is an approach to business that prioritizes identifying the needs and desires of consumers and creating products and services that satisfy them.
What are channels of distribution
A distribution channel is a path that a product or service could take on its way to market.
What’s a direct distribution channel? A direct distribution channel is one where a company sells directly to the consumer, usually through their website or retail store.
What do the 4 C’s stand for
Four simple rules that will help you to stay safe from food-borne illnesses in the kitchen: Cleaning.
Cooking. Cross contamination. Chilling.
Which of the following 4Ps is generally the most enduring
The original concept of the 4 P’s marketing mix McCarthy, provides a framework for marketing decision-making.
Effectively summing up the 4 pillars of the business cycle, McCarthy’s marketing mix has since become one of the most enduring and widely accepted frameworks in business.
Why are the 4 C’s important
The 4Cs help build executive function skills. Executive function skills, such as planning, organizing and strategizing.
These skills help children develop self-regulation, working memory and cognitive flexibility which will encourage them to learn new ideas and develop their social-emotional capabilities.
What is mean by product range
all the types of products that a company or store sells: It’s still a new company with a limited product range.
The supermarket changes its core product range in response to consumer demands within individual stores. a broad/wide/large product range.
What is importance of product
Product is the centre of all marketing activities, Without a product, marketing cannot even be imaged.
Good products are the key to market success. Product decisions are taken first by the marketers and these decisions are the centre to all other marketing decisions, such as price, promotion, distribution etc.
What is 7p
It’s called the seven Ps of marketing and includes product, price, promotion, place, people, process, and physical evidence.
Which type of leader involves team members in the decision making process and uses brainstorming as a way for employees to express their ideas
Democratic Leadership involves not only the leaders but also their employees in every decision-making process.
Even though the leaders give the final word- team members participate equally during brainstorming and find a solution to a problem.
Thus, it is also called participative or shared leadership.
What is the difference between wants and demand
Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for.
In a consumer market examples are usually very clear to identify. A person might have a need for reliable transportation.
Citations
https://www.coursera.org/articles/4-ps-of-marketing
https://www.iedunote.com/marketing-concepts
https://www.linkedin.com/pulse/why-product-most-important-part-marketing-mix-jessica-eveleigh
https://www.linkedin.com/pulse/how-4ps-3cs-framework-helps-product-managers-find-fit-giacomo-lami
https://en.wikipedia.org/wiki/Marketing_mix
