Business studies

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  • Created by: James
  • Created on: 28-02-13 13:13

Market Mix

Price-the price of a product is key to the amount of sales ,profit and revenue.

Like the lower the price is the higher the sales may be and that means less profit and revenue

the higher the prices the less sales but more profit and revenue

Product-the product affects most of the ideas aroud the business like target market(if you sell to the wrong market you will not make any profits)the customers and comsumers are effect by the types of products(kids toys parent and kid)

Promotion-if a product…

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