Question on: SS2 Commerce - Marketing concept and marketing mix.
How do the four marketing mix elements work together in a marketing strategy?
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The four marketing mix elements (product, price, place, and promotion) work together to create a comprehensive marketing strategy. Businesses need to carefully consider each element and make informed decisions to reach their target market, satisfy customer needs, and achieve their marketing goals. For example, the right product should be priced appropriately, made available through suitable distribution channels, and effectively promoted to the target audience.
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