1) What does the overall marketing mix create? b) Explain USP in the context of marketing.

GCSE Business studies. Marketing mix and strategy.1) A company needs to consider the marketing mix in order to meet their consumers' needs effectively.The overall marketing mix creates a unique selling point for a product. The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place.1b) USP = Is a feature of a product or service that make it stand out compared with the competition.

DA

Related Business Studies GCSE answers

All answers ▸

Describe what is meant by a stakeholder and the two types?


What role does motivation play in the workplace?


What are the forms of business ownership?


What are some of the most relevant pricing strategies?