Some Characteristics of Marketing Mix are:
- The marketing mix is a combination of elements that businesses use to promote their products and services effectively.
- It includes four key components: product, price, place, and promotion, which work together to meet customer needs.
- An effective marketing mix ensures that a product reaches the right audience at the right time.
- Businesses use the marketing mix to adapt their strategies based on customer preferences and market conditions.
- The marketing mix aims to create value for customers while maximizing business profits.