Answered

Match the marketing activity with its definition:

1. Marketing
A. Advertising the product or service

2. Market planning
B. Identifying the market for your product

3. Product and service management
C. The best ways to meet customers' needs

4. Distribution
D. Deciding where and how you will sell the product or service

5. Pricing
E. Budget for product development or financing

6. Promotion
F. Activities or functions associated with promoting and selling a product or service

7. Selling
G. Direct communication with customers to help



Answer :

GinnyAnswer

Final answer:

Product market and positioning involve understanding consumer needs and developing effective advertising strategies to reach the target audience.


Explanation:

Product market and positioning involves defining the target market for a product and determining how to differentiate it from competitors. This includes confirming consumer needs through surveys and data analysis.

Advertising strategy development is crucial in reaching the target audience effectively and communicating the benefits of the product or service.

Monitoring competitors in terms of their sales performance and new product releases is essential to stay competitive and adapt marketing strategies accordingly.


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