UNIT OUTLINE
Marketing
3.1 Marketing, competition and the customer
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What is the purpose of marketing activity?
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What are the objectives of marketing?
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What are the four marketing mix?
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What is niche and mass marketing? Advantages and disadvantages?
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What factors influences market trends?
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What factors influences short-term and long-term spending patterns?
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Why do businesses compete?
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What do they compete on?
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How do you segment markets?
3.3 Marketing mix
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What is the process of product development?
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What is the importance of branding, image and customer loyalty?
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What is the different pricing strategies?
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What are the different distribution channels?
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What are the different promotional methods?
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What are the advantages and disadvantages of e-commerce to consumers and businesses?
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What are the advantages and disadvantages of using social media?
SCORING STRATEGY