Continuing with Review for the test
1. Define and explain the 4 P's of Marketing
2. Explain the Product Life Cycle usint the record palyer as an example.
3. Define and give an example of a product that would be in a niche market.
4. Expalin 2 benefits of working in groups.
5. Define target market and explain who would be the target market for Polygrip denture cream.
6. List three things teens spend money on and beside this what motivate them to buy these things. You may want to refer to the reasons why people buy.
Why people Buy???
- to enhance status
- to make a dream come true
- to be defiant
- to feel good
- to feel safe
- to forget their problems
- to make a statement
- to reward themselves
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