Influences on the marketing mix (Edexcel GCSE Business): Quizzes

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Influences on the marketing mix
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What are the four key elements of the marketing mix known as?

The 4 Ps

What must the 4 Ps do for a business to be successful?

Work together as an integrated system

How does Rolex's premium pricing support its overall marketing strategy?

It reflects the luxury positioning

Why must businesses constantly adapt their marketing mix?

To respond to evolving customer needs

What do product adaptations typically incorporate?

New trends and technology

Which customer service policy helps reduce customer risk for online purchases?

Free returns

What must businesses do continuously in tech-related industries?

Innovate their products

What has the internet made incredibly easy for customers?

Price comparison

What have many businesses shifted to from traditional advertising methods?

Digital communication channels

What has online selling done to place strategies?

Revolutionised them

What must businesses balance with online 'clicks'?

Physical 'bricks and mortar' stores

What does increased product accessibility typically lead to?

Greater customer awareness

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