Answer to Question #253737 in Management for MUCODENI

Question

Explain the four principles of the marketing concept

Answer 1

Four principles of the marketing concept

Product-Identify a tangible item that meet customers need.

Price-Assign a reasonable price for your product (not too high or too low).

Place-Choose a good place to sell your product so that you can meet the right audience.

Promotion-Market your product by advertising online, hosting events, and even moving door-to-door, to reach the targeted customers.