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
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:
- Product: This refers to the item being offered to meet consumer needs.
- Price: This involves the amount of money consumers must pay to obtain the product.
- Place (Distribution): This refers to how the product is delivered to the consumer, including the channels through which it is sold.
- 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.
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