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What is the meaning of thesis the marketing mix? Every marketing student is familiar with the concept of the marketing mix. It is a set of strategies that ppt are employed by a company to advertise its products/services. The marketing mix consists of the four Ps of marketing- Price, product, Place promotion. Ice- it is the amount that is the set for the sale of a product/service. A company needs to be smart while choosing a price for its product/service. A very high/low price can be harmful to the business.
Generally, companies set their prices to compete with the prices of their competitors. Oduct- It is the item that is offered by a company to its customers. For example, iphones are a product of Apple. Ace- it is the area where a company decides to sell its products/services. Omotion- a company needs to choose a right platform to promote its products/services. The marketing mix is the backbone of a companys marketing department.
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