Page 1042 - SUBSEC_April2017_WorkingDocument_Neat
P. 1042

SECTION 6: MARKETING (cont’d)              CONTENT
SPECIFIC OBJECTIVES
Students should be able to:                Factors that influence consumer behaviour:
4. describe the factors that influence     (a) price;
                                           (b) price of substitutes;
          consumer behaviour;              (c) quality;
                                           (d) taste;
5. identify factors affecting packaging    (e) tradition;
          and presentation of goods;       (f) income (affordability);
                                           (g) spending patterns; and,
6. describe methods of promoting           (h) brand loyalty.
          sales;                           Packaging:
                                           (a) presentation; and,
                        CXC 08/G/SYLL 17   (b) use of brand names.
                                           Methods of promoting sales:
                                           (a) advertising:

                                                     (i) functions and forms;
                                                     (ii) promotion including trading

                                                               stamps and coupons, loyalty
                                                               points, rebates, bundling;
                                                               and,
                                                     (iii) loss leaders.
                                                     (iv) social media
                                           (b) public relations including business
                                                     entertainment and the offering of
                                                     special awards and sponsorship;
                                           (c) sales promotion; and,
                                           (d) personal selling.

                                          30
   1037   1038   1039   1040   1041   1042   1043   1044   1045   1046   1047