Which term best describes the locations used to make the product available to customers?ResponsesPricePriceProductProductPlacePlacePromotion
Question
Which term best describes the locations used to make the product available to customers?
Responses
- Price
- Price
- Product
- Product
- Place
- Place
- Promotion
Solution
Analyzing the Question
-
Identify the Key Terms: The question refers to the "locations used to make the product available to customers," which implies a focus on distribution.
-
Understanding the Options:
- Price: The cost at which the product is sold.
- Product: The actual item being offered.
- Place: The distribution channels through which the product is delivered to customers.
- Promotion: The advertising strategies used to market the product.
Conclusion
The term that best fits the description provided in the question is Place. In marketing, "place" refers to the distribution aspect, which includes the locations, channels, and methods used to make products available to customers. This is a fundamental component of the marketing mix, alongside price, product, and promotion.
Similar Questions
Which term best describes the locations used to make the product available to customers?ResponsesPricePriceProductProductPlacePlacePromotion
Choose from below what determines the Sourcing of products or Services?LocationAffordability
_____________ is a determinant of profit, sales volume, demand, and market share.Answer choicesSelect only one optionREVISITProductPlacePricePromotion
Which of the four Ps of retailing best helps to define the value of both the merchandise and the service?Multiple choice question.PlacePricePromotionProduct
he AIDA model is related to which of the following?a.Placeb.Pricec.Productd.Promotion
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.