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The Marketing Mix
The Marketing Mix
The Marketing Mix
When marketing your product, the marketing mix is very important. There are multiple popular marketing mix
models. These models help marketers analyze the controllable elements of their plans.
Price is the amount a consumer pays for a product. However, without good promotion, potential customers
won't know about the product. If it's not in a good location, or place, customers won't buy it.
Communication between the producer and the consumer is also important. The product needs to be a
commodity, or something that consumers want to buy. After reaching consumers through marketing channels,
the product needs to be convenient. It has to be easy for customers to purchase and use.
A It's inconvenient.
1 G model 5 E place
2 A price 6 F communication
3 C product 7 D channel
4 B promotion
A the amount of money a customer pays for a product
B the act of marketing a product
C an item for sale
D the movement of goods from production to consumption
E the location of a product
F a representation of a concept or theory
G the act of exchanging ideas
4- Choose the sentence that uses the underlined part correctly
5- Listen and read the webpage again. Why is "place" an important marketing concept?
Listening 6
6- Listen to a conversation between an account manager and a new client. Mark the
following statements as true (T) or false (F).
Marketing mix
plan
promotion
price
sell
ideas