How to apply a marketing mix?

Any business can apply a marketing mix by following the steps mentioned below:

• Analyse which product or service you are going to offer.

• Recognise the use of your product with the needs of the consumers.

• Place the store close to the target market.

• Determine a price for the product.

• Come up with good and attractive promotional strategies to position the product.

• Have a synchronised marketing mix plan.

• Readdress the marketing mix over a period of time to meet the current trends.

Also see: MCQs on Marketing Mix

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