Descibe the elements of the marketing mix and how they impact consumer buying behavior.

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General Management

Descibe the elements of the marketing mix and how they impactconsumer buying behavior.

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The marketing mix is a combination of certain elements used for the marketing of a specific product Elements of marketing mix are Product Products are produced by organizations to fulfill the demands of consumers Products can be tangible and intangible Buyers buy products that are sold in the market in exchange of money Price Price is the amount that a buyer pays for a product Price depends on the availability of the product and market conditions If the availability is high price will be low and viceversa Similarly if there is high demand and low supply price will be high Similarly if there is low demand and high supply then price will be low Place Place means location where the products are available for sell and purchase There are two types of market place physical market and virtual market In See Answer

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Descibe the elements of the marketing mix and how they impact consumer buying behavior.

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General Management

Descibe the elements of the marketing mix and how they impactconsumer buying behavior.

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