Download presentation
Presentation is loading. Please wait.
1
Lesson Objectives All students will understand
The importance of non-price strategies for businesses Most students will understand The different methods of non-price competition Some students will understand Devise appropriate strategies in different contexts
2
Starter Discussion points pg 35
3
Non - Price strategies Product differentiation
Making the product stand out from the rivals Can lead to better brand loyalty Could make product less price elastic
4
Non - Price strategies Promotion Advertising Sales Offers Digital
E.g. BOGOF Digital Sponsorship Direct sales Targeted, usually to existing customers or those likely to be interested Public Relations Packaging
5
Effect of successful marketing
Is it just more sales?
6
Figure 8.1 pg36
7
Non - Price strategies Distribution methods
Can you think of examples? What are pros and cons of each?
8
Choosing appropriate approaches
Increasingly marketing decisions are guided by a mass of “big data” High volume, high velocity and high variety information that combines with cost-effective, innovative information processing for better insight and decision making Examples pg 39
9
Plenary Exam style questions pg 39
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.