Which are the two biggest factors in marketing?
A) Competitors and pricing
B) Product and competitors
C) Customers and competitors
D) Pricing and customers
E) Layout and distribution

Question

Quizplus · Accepted Answer

Customers and competitors are the two biggest factors in marketing. Understanding the needs and wants of customers is crucial in developing successful marketing strategies, while keeping an eye on competitors helps a business stay ahead of the game and adapt to changing market conditions. While product, pricing, layout, and distribution are all important marketing elements, they are ultimately determined by the needs and wants of customers and the competitive landscape.

Which Are the Two Biggest Factors in Marketing