Task 7 - Identifying Market Placement Originally the Marketing was based on 4 P's Product, Price, Promotion and Place. Place was defined in the marketing mix, as the process of moving products from the produ intended user is called place. In other words, it is how your product is bought and where it is b movement could be through a combination of intermediaries such as distributors, wholesalers an In addition, a newer method is the internet which itself is a marketplace now. Through the use place, a company can increase sales and maintain these over a longer period of time. The term 'Place in the Market' is often used to describe where a product stands in comparison t It can refer to comparisons on price - it is the cheapest/most expensive, etc., size- it is the larges etc., It is the biggest market player/smallest market player, (referring to market share), or the oldest product in the market place. The most varieties or least varieties of product is yet another measuring where a company is 'placed 'in the market. Requirements: You must complete a written report of 100-200 words delineating the market placement of ACA relation to its competitors. Use a description of the 7 p's of marketing. (see elearning for addition information) The report must also include a description: Price . Quality Market share New/Old The overall content should reflect the relevant topic information and concepts as discussed in lecture and the supplementary information available on elearning