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What is the name of the business model on the left?
( aesthetics function economic manufacture)
What are the 4 types of marketing in the matrix marketing
What are the 5 stages of the product life cycle?
What kind of strategy can we launch when our product is at the end of its life?
what is a e commnace
Give an advantage and a disadvantage for a customer of using e-commerce.
What’s the difference between tangible and intangible?
What is the Boston Matrix used for?
What is cost plus pricing?
What is psychological pricing?
What is price penetration?
What is competitive pricing?
What is promotional pricing?
What is the difference between quantitative and qualitative data?
What is market research?
What is primary research?
What is primary research?
What is secondary research?
Give 5 methods of primary research?
Give 5 methods of secondary research?
Give an advantage of primary research?
Give an disadvantage of primary research?
Give an advantage of secondary research?
Give an disadvantage of secondary research?
Define economies of scale
What’s the difference between a mass and a niche market?
What’s the difference between a mass and a niche market?
Mass markets: producing goods on a large scale
Niche Markets: producing specialized products on a small scale
What does USP stand for?
What does economic manufacture mean?
What does economic manufacture mean?
At which part of the product lifecycle does the business have to advertise its products a lot to try and improve customer knowledge and sales?
'Actions a business can take to extend the life of a product and increase sales’
