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Business - Ch-15
The Marketing Mix
| Question | Answer |
|---|---|
| The Marketing Mix | Product, Price, Promotion, Place |
| Brand | selling a product or service under a well-known name |
| Logo | A symbol or design used by a business to identify its products |
| Promotion | The methods used by a business to make consumers aware oof their products or service |
| Advertising | How a business communicates information to consumers to encourage them to buy their products or service |
| Informative Advertisement | This provides information about a product or service to the consumer, such as its features or how it works |
| Persuasive Advertisment | Aims to convince the consumers to buy the products |
| Competitive Advertising | Aims to show that a brands product or service is better than its competitors |
| Generic Advertisments | Promotes product categories rather than particular brands |
| Digital Marketing | promotion of goods or services using the digital media, |
| Sales Promotion | short-term measure used to increase sales of a product or service |
| Public Relations(PR) | Promoting a positive image of the business to the public |