Which of the following is not an elements of the marketing mix?
Answer Details
The element that is not part of the marketing mix is "Purchases". The marketing mix is made up of four P's: product, price, promotion, and place. These elements are essential for the development and implementation of a successful marketing strategy. The product refers to the goods or services offered by the company, while pricing involves setting the right price for the product. Promotion involves advertising and promoting the product to potential customers. Place refers to the location where the product is made available to customers, such as a physical store or an online platform. Purchases are made by the customers, but it is not an element of the marketing mix.