Question

The marketing process can be divided into 4 core areas known as the 4 P's of marketing, what are they?

a) Product, Price, Place, Promotion
b) Profit, People, Production, Publicity
c) Placement, Packaging, Public relations, Pricing
d) Project, Partnerships, Positioning, Publicity

Answer 1

The 4 core areas known as the 4 P's of marketing are product, price, place, and promotion.

Step-by-step explanation:

The 4 core areas known as the 4 P's of marketing are:

Product: This refers to the physical or intangible goods or services that a company offers to its customers. It includes aspects such as the features, design, quality, and packaging of the product.

Price: This refers to the amount of money that customers have to pay in order to purchase the product. It includes factors such as pricing strategies, discounts, and payment options.

Place: This refers to the locations where the product is made available to customers. It includes considerations such as distribution channels, logistics, and point of sale.

Promotion: This refers to the activities that a company undertakes to communicate and promote its product to its target audience. It includes strategies such as advertising, sales promotions, public relations, and direct marketing.