parts of the marketing mix

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first 4 p's

Last updated 3:10 PM on 9/16/26
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8 Terms

1
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define price

The amount of money customers pay for the item

2
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define promotion

The marketing activities used to spread awareness

3
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define product

The good or service you sell

4
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define place

the distribution channels where the product is sold.

5
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which of the p’s:

  • focuses design, quality, branding, and features

  • must solve a real customer problem


product

6
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which of the p’s:

  • reflects production costs, perceived value, and competitor rates

  • aims to balance profit with affordability


price

7
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which of the p’s:

  • includes physical stores, online shops, and shipping logistics

  • aims to make buying easy and convenient for the buyer


place

8
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which of the p’s:

  • includes advertising, public relations, and social media

  • aims to communicate value and drive sales


promotion