Mass Marketing

Cards (3)

  • Mass marketing is when a firm targets the whole of a market rather than a particular segment
  • Advantages Mass Marketing
    • large scale production lowers costs
    • high revenues
    • can create a barrier to entry for new businesses
    • strong brand awareness
  • Disadvantages Mass Marketing
    • high fixed capital costs
    • products are likely to be standardised
    • vulnerable to low cost competition from abroad
    • less scope for adding value