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Technical Definitions: What is Marketing Mix / Marketing Niche? Marketing Mix / Marketing Niche Definition.

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Marketing Mix / Marketing Niche Definition

MARKETING MIX includes a combination of product, packaging, price, channels of distribution, advertising, promotion, and personal selling to get the product in the hands of the customer.

MARKET NICHE is the unique advantage or benefit a product or service offers a particular group of customers. Marketing success is dependent upon establishing how a product stands out from similar ones.

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