The Law Affects The Marketing Mix Flashcards
1
Q
Price laws affecting the marketing mix
A
- Predatory pricing - cutting prices to force others out of business is illegal in the UK) it is difficult to prove a business is doing this though
2
Q
Place/ distribution laws affecting the marketing mix
A
- Some products can only be sold in certain places to certain people e.g some medicines can only be purchased with a doctors prescription, not over the counter or supermarket shelf
- Licenses are required to sell some products e.g. Alcohol or firearms
3
Q
Promotion laws affecting the marketing mix
A
- The trade descriptions act regulates promotion.
- can’t lie about products, can’t offer something worse if they’ve offered a niche product.
- product label regulated - can’t claim something is medically beneficial if it’s not certified by a doctor
> offensive adverts can be banned
advertising of some products are restricted!
advertising hoardings need planning permission
4
Q
Product affecting the marketing mix
A
- Some products are plain illegal in the U.K. E.g. Handguns