Why place is important in marketing?

Asked by Andrea Harper on September 11, 2021

Categories: Business and finance Marketing and advertising

Rating: 4.5/5 (42 votes)

Place in the Marketing Mix. As we mentioned, place is an aspect of the marketing mix that ensures that the product will be distributed and made conveniently available to the consumer at the right time and place. This is why it is so important the product makes it to the right place at the righttime.

What defines a product? A product is an item for sale. A product can be a service or an item. Each product has a cost, and each is priced accordingly. The price that can be charged depends on the market, the quality, the marketing and the segment.

What is packaging of a product? Packaging is the science, art and technology of enclosing orprotecting products for distribution, storage, sale, and use. A package can also be designed, evaluated, and produced. As well as containing, protecting, preserving, transporting, informing, and selling, packaging serves many purposes.

What is process in marketing mix? Marketing mix includes the process. Perceptions regarding the ideology of the process as part of the marketing mix. Process refers to the flow of activities or mechanism that take place when there is in an interaction between the customers and the_businesses.