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What does this statement show “Trade of value between two parties”?
Competition
Transaction
Exchange
Need
Transactional marketing is a business strategy that focuses on single, "point of sale" transactions. The emphasis is on maximizing the efficiency and volume of individual sales rather than developing a relationship with the buyer.
The transactional approach is based on the four traditional elements of marketing, sometimes referred to as the four P's:
Product -- Creating a product that meets consumer needs. Pricing -- Establishing a product price that will be profitable while still attractive to consumers. Placement -- Establishing an efficient distribution chain for the product. Promotion -- Creating a visible profile for the product that makes it appealing to customers.
By: Barka Mirza ProfileResourcesReport error
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