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Which of the following is NOT an element of the marketing mix?*1 pointDistributionProductTarget marketPricing

Question

Which of the following is NOT an element of the marketing mix?

1 point

  • Distribution
  • Product
  • Target market
  • Pricing
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Solution

To identify which option is NOT an element of the marketing mix, let's first clarify the components of the marketing mix, often referred to as the 4 Ps:

  1. Product: This refers to the item being offered to meet consumer needs.
  2. Price: This involves the amount of money consumers must pay to obtain the product.
  3. Place (Distribution): This refers to how the product is delivered to the consumer, including the channels through which it is sold.
  4. Promotion: This encompasses all the ways of communicating with potential customers about the product.

Now comparing the options given:

  • Distribution: This falls under the 'Place' component of the marketing mix.
  • Product: This is one of the core elements of the marketing mix.
  • Target market: This refers to the specific group of consumers that a business aims to serve, which is not one of the original 4 Ps but rather a consideration for whom the marketing mix is designed.
  • Pricing: This is directly part of the marketing mix.

Final Answer

The correct answer is Target market, as it is NOT an element of the traditional marketing mix.

This problem has been solved

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