In the model of consumer behaviour given by Philip Kotler, what constitutes the marketing stimuli?
A
Marketing environment
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Four P's of marketing
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Consumer needs and wants
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Noe of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is D Four P's of marketing Marketing mix is a combination of factors that are in a company's control to influence consumers to purchase its products. The 4P's of marketing mix are-
Product- A product a tangible or intangible service offered by the company to meet customers' requirements and needs.
Price- Price is the actual amount the end user is expected to pay for the product or service.
Place- Place refers to how the product would be made available to the consumers.
Promotion- Promotion refers to all the marketing strategies that would persuade a consumer to buy the company's product.