Which of the following is NOT traditionally considered as one of marketing's "Four P's"?Group of answer choicesPlaceProductPeriodisationPromotion
Question
Which of the following is NOT traditionally considered as one of marketing's "Four P's"?
- Place
- Product
- Periodisation
- Promotion
Solution
Break Down the Problem
- Identify the Four P's of Marketing.
- Review the options provided in the question.
- Determine which option does not belong to the Four P's.
Relevant Concepts
The traditional Four P's of Marketing are:
- Product
- Price
- Place
- Promotion
Analysis and Detail
The question asks for the option that is NOT traditionally a part of marketing's "Four P's". The options given are:
- Place
- Product
- Periodisation
- Promotion
Let's evaluate each option:
- Place: This refers to how the product is distributed and where it's sold. It is one of the Four P's.
- Product: This refers to the item or service that is being sold. It is one of the Four P's.
- Periodisation: This term typically relates to the division of time periods in various fields and is not part of the Four P's.
- Promotion: This covers the strategies used to make customers aware of products and services. It is one of the Four P's.
Verify and Summarize
Having analyzed the options, the term that does not fit within the traditional Four P's of Marketing is "Periodisation."
Final Answer
Periodisation is NOT traditionally considered one of marketing's "Four P's".
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