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Characteristics of Product in the Marketing Mix

Posted on November 21, 2024 By MM

Some Characteristics of Product in the Marketing Mix are:

  • The product element focuses on what a business offers to meet customer needs.
  • It considers factors like features, quality, design, and packaging to ensure customer satisfaction.
  • A well-designed product solves specific problems and provides value to its users.
  • Businesses often improve products based on customer feedback and market trends.
  • The product is the core of the marketing mix, as it drives customer demand and loyalty.

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