This refers to how the product or service receives to The client; the distribution channels and intermediaries for instance wholesalers and shops who allow consumers to accessibility merchandise or expert services inside of a effortless fashion. This third P has also at times been named Spot or Plac
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Marketing operate assures steady need which in turn guarantees stable marketplace costs. Therefore, marketing avoids industry cost fluctuations.
Marketing is not really confined to any particular style of economic system, because products needs to be exchanged and so promoted in all economies and
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