For marketing the products of MSME, a marketing strategy has to be formulated which consists of 4Ps (a) Product (b) Promotion (c) Place (d) Price Which one of the following sequence is correct?
(a), (d), (c) and (b)
The conventional listing is Product, Price, Place and Promotion, corresponding to (a), (d), (c), (b). The four decisions form an integrated marketing mix rather than a compulsory chronological process.
| List-1 | List-II |
| (a) Selective distribution | → (i) Convenience items |
| (b) Intensive distribution | → (ii) Consignment, Franchise, symbiotic |
| (c) Exclusive distribution | → (iii) Specialty / high unit value items |
| (d) Special distribution | → (iv) Shopping items |