Wednesday, 23 September 2020

Marketing Mix: Components and Importance (Nepal Education Board 10+2)

Marketing Mix- The marketing mix refers to the set of actions, or strategies, that a company uses to market its brand or product. 

In simple words, a mixture of multiple ideas and plans by a marketing representative to promote a particular product or brand is called a marketing mix.

Several concepts and ideas combined together to formulate effective strategies helpful in making a brand popular amongst the masses form a marketing mix.

What are the 4Ps of marketing?

Elements of the marketing mix are often called the four P's of marketing.

Product (उत्पाद)

Place (स्थान) Location

Price (मूल्य)

Promotion (पदोन्नति)