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3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

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Page 1: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

3.4.1 Justify Marketing Strategies Appropriate to a

Given Situation

Page 2: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

Central Question

Which is the most effective marketing

strategy?

Page 3: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

Learning Outcomes

• To recognise how the different elements of the marketing mix can influence consumer decisions

• To be able to recommend and justify an appropriate marketing strategy in given circumstances

Page 4: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

The BSM Marketing Project

• Reflect on your project:– How/why did you choose that marketing mix?

Page 5: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

What’s the best Strategy?

Page 6: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

What’s the best Strategy?

Page 7: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

What’s the best Strategy?

Page 8: 3.4.1 Justify Marketing Strategies Appropriate to a Given Situation

What’s the best Strategy?

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Factors to Consider

• Brand image• Target market• Distribution channel• Costs• Competitors• Scale?• Company Objectives?