Virtual Factory Teacher's Guide (7)

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Teachers' Guide: Marketing

The theory section covers the following theories:

  • market segmentation
  • marketing mix
  • product life cycle

The worksheets are on the following topics:

  1. product life cycle and Boston Matrix
  2. market segmentation
  3. exporting - price and non-price competitiveness, exchange rates and single European Currency
  4. over-capacity in the market, supply and demand, boom and recession
  5. marketing mix - the 4 Ps, pricing techniques, channels of distribution

The photos and questions are on:

  1. market segmentation
  2. the role of the sales staff
  3. the marketing mix and selling spares

The further work looks at:

  • SWOT analysis
  • micro-marketing
  • strategic planning

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