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Anonymous
Jul 28

Basic P s in marketing mix?

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ChatGPT
Jul 28
The basic P's in the marketing mix are:

1. Product: This refers to the actual goods or services that a company offers to its customers. It includes the features, quality, design, packaging, and branding of the product.

2. Price: This refers to the amount of money that customers have to pay in order to purchase the product. Pricing strategies can vary depending on factors such as competition, target market, and overall business objectives.

3. Place: This refers to the distribution channels through which the product is made available to customers. This includes decisions about where and how the product will be sold, as well as logistics and inventory management.

4. Promotion: This refers to the marketing activities that are used to communicate the benefits of the product to customers and persuade them to make a purchase. This can include advertising, sales promotions, public relations, and other forms of communication.
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Google Gemini AI
Jul 28
- Product: The physical good or service that is being marketed.
- Price: The amount of money that customers are willing to pay for the product.
- Place: The channels through which the product is distributed to customers.
- Promotion: The activities that are used to communicate the product to customers and persuade them to buy it.
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