Marketing 20
Course Configurations
Suggested Modules for Middle Level Practical and Applied Arts Survey Courses
MARE6A
Module 6A: The Traditional Marketing Mix (Core)
Outcome
Investigate components of the traditional marketing mix.
Indicators
(a) | Identify the elements of the traditional marketing mix, also known as the 4 Ps (i.e., product, price, place and promotion). |
(b) | Explain the application of the traditional marketing mix to a social marketing campaign. |
(c) | Differentiate between products that are tangible (e.g., goods) and intangible (e.g., services, ideas or experiences). |
(d) | Categorize local businesses or organizations according to the types of products they offer. |
(e) | Discuss reasons (e.g., meeting a basic need or contributing to a desired lifestyle) why customers purchase a particular product. |
(f) | Assess the importance of offering a product that meets or exceeds customer expectations. |
(g) |
Research considerations for the product component of the traditional marketing mix, such as:
|
(h) | Assess the effects of pricing a product too high or pricing it too low. |
(i) |
Research considerations for pricing a product, such as:
|
(j) | Discuss the importance of offering a product in the right place and at the right time. |
(k) |
Research considerations for product placement, such as:
|
(l) | Examine the role of promotion in gaining the attention of consumers and motivating them to take action (e.g., purchase a product or change behaviour). |
(m) | Identify paid (e.g., radio or television advertisements, print media and social advertisements) and free (e.g., organic social media and word of mouth) promotional opportunities. |
(n) | Compare features of push and pull marketing. |
(o) | Identify real-life examples of push and pull marketing. |
(p) |
Research considerations for product promotion such as:
|
(q) | Investigate advantages (e.g., global reach, cost efficiency and measurable results) and disadvantages (e.g., security and privacy issues, timeconsuming, and skills and training required) of online promotion. |
(r) | Examine the application of the 4 Ps for a business, organization or brand/product of personal interest. |
Loading...
