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Marketing Mix Fundamentals

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Marketing Mix Fundamentals

Marketing mix illustration

📚 Part 1: Understanding the Marketing Mix (4Ps)

1. What does the "4Ps" of marketing stand for? Match each P with its correct definition:
Product
Price
Place
Promotion
How much customers pay
Where customers buy the item
The actual good or service sold
How businesses advertise
2. Which of these is an example of a New Zealand Māori business product?

Manuka honey

Kapa haka performance services

Traditional flax weaving products

All of the above

3. A target market is:

Everyone who might buy a product

The specific group of customers a business wants to reach

Only young people aged 15-25

People who live in cities

4. Fill in the blanks using words from the box below:

Word bank: promotion, target market, price, place

When a business decides to sell their products online, they are making a decision about ___________. When they create a social media advertisement, this is an example of ___________. The amount customers pay is called the ___________. The specific group of customers they want to reach is their ___________.

✏️ Part 2: Real-World Application

5. Think of a popular New Zealand business (like Pak'nSave, The Warehouse, or a local café). Describe how they use ONE of the 4Ps:

Business name: _________________________

Which P are you describing? (circle one): Product Price Place Promotion

6. Who do you think is the target market for the following businesses? Give two characteristics for each:

McDonald's:

Characteristic 1: _________________________

Characteristic 2: _________________________

A local kapa haka group offering performances:

Characteristic 1: _________________________

Characteristic 2: _________________________

7. Explain why understanding your target market is important for a business:

🎯 Part 3: Extension Challenge

8. Advanced Task: Design a simple marketing strategy for a new product. Choose ONE product idea and complete the 4Ps:

Product idea: ________________________________

Product: What makes your product special?

Price: How much will you charge and why?

Place: Where will customers buy it?

Promotion: How will you advertise it?

9. Reflection: What is one thing you learned about marketing today that surprised you?

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