Which among the following is not an element of the marketing mix?
Which among the following is not an element of the marketing mix?
Solution
Option 1 -> Product is a core element of the traditional 4 Ps marketing mix, referring to what you sell to customers.
Option 2 -> Price is a core element of the traditional 4 Ps marketing mix, referring to the cost customers pay.
Option 3 -> Place is a core element of the traditional 4 Ps marketing mix, referring to distribution channels and location.
Option 4 -> People is part of the extended 7 Ps model but NOT part of the traditional 4 Ps marketing mix framework.
Hence, Option 4: People -> The traditional marketing mix consists of the 4 Ps: Product, Price, Place, and Promotion. "People" was later added as part of the extended services marketing mix (7 Ps), but is not considered an element of the original/traditional marketing mix framework. -> correct
Related questions:
2025: 27 May Shift 2
2025: 21 May Shift 1
2025: 30 May Shift 1