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Business - Ch-15
The Marketing Mix
Question | Answer |
---|---|
The Marketing Mix | Product, Price, Promotion, Place |
Brand | selling a product or service under a well-known name |
Logo | A symbol or design used by a business to identify its products |
Promotion | The methods used by a business to make consumers aware oof their products or service |
Advertising | How a business communicates information to consumers to encourage them to buy their products or service |
Informative Advertisement | This provides information about a product or service to the consumer, such as its features or how it works |
Persuasive Advertisment | Aims to convince the consumers to buy the products |
Competitive Advertising | Aims to show that a brands product or service is better than its competitors |
Generic Advertisments | Promotes product categories rather than particular brands |
Digital Marketing | promotion of goods or services using the digital media, |
Sales Promotion | short-term measure used to increase sales of a product or service |
Public Relations(PR) | Promoting a positive image of the business to the public |