Easy

Which element of the traditional marketing mix is mainly concerned with distribution channels and product availability?

Correct answer: C. Place

  • A. Product
  • B. Price
  • C. Place
  • D. Promotion

Explanation

Place covers the channels, intermediaries and locations through which a product reaches customers. Product concerns the offering itself, price concerns its monetary value, and promotion concerns communication with the market.

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Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.

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