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3.4
Integrated Marketing Mix
Influences on Integrated Marketing Mix
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izzy
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Cards (7)
The
position
in the product
life cycle
e.g. new product
promoted
heavily
The
Boston Matrix
e.g. changes may be made to
problem
child to help it become a rising
star
The
type
of
product
e.g.
specialist
product will have to have a
physical environment
that matches the
quality
and a
premium
price
Marketing
objectives
The
target
market e.g.
choice
of
media
used in advertising
Competition
e.g. may need to
respond
to competitors
actions
for example if they
lower
price
Positioning
e.g.
adapting
marketing mix to
maintain
the businesses
position
and brand
perception
relative to
competitors