External Factors that change Marketing Mix

Cards (5)

  • Political and legal factors e.g. new laws or political influences can change the marketing mix
  • Economic factors e.g. boom/recession can change the marketing mix
  • Social e.g. changes in the structure / habits of the population can change the marketing mix
  • Technological changes e.g. advancements that effect the way people shop and see promotions
  • Competition e.g. greater competition may mean the benefits of the product have to be enhanced