What is meant by locating a product where a customer can buy it?

The correct answer is "Place," which refers to the marketing mix element that involves making a product available to the customer at the right location and time. This concept encompasses all the strategies and channels through which products are distributed to customers, ensuring that the product is accessible and convenient for the target market to purchase.

"Place" includes decisions about distribution channels, the location of stores, and inventory management. The primary goal is to ensure that customers can easily find and buy the product when they want it. This can involve online platforms, physical retail locations, or any other outlets where transactions take place.

When looking at the other options, "Promotion" pertains to the strategies used to inform and persuade potential customers about a product, while "Positioning" involves creating a specific image or perception of the product in relation to competing products in the market. "Presentation" refers to how the product is displayed and packaged to attract customers. While all these aspects are critical in marketing, they do not specifically relate to the physical location and availability of the product like "Place" does.