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Consider these two marketing mix elements. How has the Internet affected Pricing policies? Discuss how Place...

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General Management

Consider these two marketing mix elements. How has the Internetaffected Pricing policies? Discuss how Place decisions have beenchanged due to a global marketplace fueled by the Internet.

Please provide references

Answer & Explanation Solved by verified expert
3.8 Ratings (652 Votes)
Marketing is vast area of research In a lay man term we can call marketing as a functional wing of an organization which help the product or service to reach to the target mass using various marketing mix and concept by doing this they give desired profit to the organisation As define above it cost money to produce a product distribute a product and promote a product So price is the most thing I thing no If we invest on price we will only construct our inventor but the main theme of marketing is knowing your customer what they want how they want and where they want This can only be done if we know the other mix product place and promotion Marketing mix consists of product price place and promotion So this four parameters need to be    See Answer
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