The only mix that generates revenue directly is: Price
Here's why the other options do not generate revenue directly:
- Place: This refers to the channels and locations through which a product or service reaches the customer. It facilitates access to the product but doesn't directly generate revenue.
- Product: The product itself, with its features and benefits, attracts customers and creates value. But without a price attached, it wouldn't directly bring in revenue.
- Promotion: Promotional activities aim to create awareness, interest, and desire for the product but do not translate directly into revenue unless a price is set and customers actually purchase the product.
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