Marketing Mix for BON Music Festivals
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Questions and Answers

What are the key components of the marketing mix for a physical good?

Product, price, promotion, place, physical evidence, process

How many aspects of the marketing mix apply to the successful running of music festivals?

All 6 aspects apply

Why is product an important component of the marketing mix?

Product represents the physical good or service being offered and is key to meeting customer needs.

How does 'price' factor into the marketing mix for music festivals?

<p>Setting the right price for tickets impacts attendance and revenue generation for the festival.</p> Signup and view all the answers

Explain the importance of 'promotion' in the marketing mix of music festivals.

<p>Promotion helps create awareness, generate interest, and drive ticket sales for the event.</p> Signup and view all the answers

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