Business 0450 · IGCSE · Marketing mix

Marketing mix — practice question

(a)[8]

Identify and explain two reasons why market research matters to GJ before the new service begins.

(b)[12]

Explain these two parts of the marketing mix for the new service Jasmin is bringing to market. Which one do you think is more important when the service is in the introduction phase of the product life cycle? Justify your answer. Price. Promotion.

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