This bingo card has a free space and 24 words: Penetration pricing, Price is raised to maximise profit then lowered as it moves further along the product Lifecyle, Decline, Point of sale promotion, Price, promotion, place, product, Loss leaders, Target market, The first stage of the product lifecycle, the business is still investing in products, A method of distribution were products can only be downloaded online, It's relatively low cost and easy to put together, Innovation, Advertising, Retailer, When a business lowers its prices to match other similar businesses, Maturity, Target audience, Research and development, Wholesaler, Invention, Demmand, The money collected by the business through sales, The stage of the product lifecycle were the product is becoming more popular, It's expensive but multisensory and Its low cost however, going into decline.
Marketing Mix | Business Vocab | Business Vocab | Chapter 20 | Chapter 20 business bingo
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