marketing mix Flashcards

(5 cards)

1
Q

product

A

identify customers need and wants - then some up with a product that will fulfill these need or wants

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2
Q

place

A

somewhere the customer finds convenient - channel of distribution

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3
Q

promotion

A

potential customers need to be aware of the product

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4
Q

price

A

needs to be a price the customer thinks is a good value for money

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5
Q

different for diff products

A

if a products is in a really convenient place people may pay a higher price

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