IB BM Unit 4.5 – Marketing Mix Revision Hub

Seven Ps • Ansoff • BCG • Practice • Flashcards • 10-mark builder

Welcome to the Unit 4.5 review hub

all-in-one simulator

This simulator is built for proper IB Business Management revision: not just recognition, but application, justification and exam-style explanation.

1. Learn

Review the seven Ps, product life cycle, promotion types, pricing strategies, distribution channels, Ansoff and BCG.

2. Practise

Each P has its own practice tab with match-up, classification, scenario selection and justification activities.

3. Build exam answers

Use drag-and-drop 10-mark builders to connect points, explanations and business impact.

Exam mindset: Every judgement should link back to the business context and the likely impact on costs, revenue, profit, brand image, customer loyalty or market share.

Learn the seven Ps of the marketing mix

core knowledge

The marketing mix is the combination of decisions a business uses to meet customer needs and achieve marketing objectives. For services, the traditional four Ps are extended to seven Ps.

Product
Design, quality, features, branding, packaging and product life cycle.
Price
Pricing strategy used to position the product and influence demand.
Place
Distribution channels used to get the product to customers.
Promotion
Communication methods used to inform, persuade and remind customers.
People
Employees and customer-facing staff who influence the customer experience.
Process
The steps and systems customers experience when buying or receiving the service.
Physical evidence
Tangible clues that shape trust, quality perception and brand image.
Appropriateness
The best mix depends on objectives, target market, finance, competition and product type.

7Ps deep practice lab

one tab per P

Choose a P. Each tab includes content, a practice task and feedback.

Ansoff matrix

decision-making tool

Drag each growth strategy into the correct quadrant. Then check your answers and read the feedback.

Market penetration

Existing product + existing market

Product development

New product + existing market

Market development

Existing product + new market

Diversification

New product + new market

Case study: FreshBite marketing team uses Ansoff

FreshBite is a mid-sized healthy snack company selling protein bars through gyms and supermarkets in the UK. Sales growth has slowed because many competitors now offer similar bars. The marketing team has a fixed annual budget of £450,000 and must recommend one growth strategy for the next 12 months.

In a planning meeting, the team maps four options using the Ansoff matrix: increase promotions for existing bars in current gyms and supermarkets; develop a new high-protein breakfast drink for existing customers; sell existing protein bars through schools and office vending machines; or launch a new children’s lunchbox snack range in Southeast Asia.

The marketing director likes Ansoff because it makes the risk level of each option clearer. However, the finance manager warns that the matrix does not show costs, likely profit, competitor reaction or whether FreshBite has the operational capacity to produce new products.

Task: sort the evaluation points

Drag each statement into advantage or disadvantage of using Ansoff.

Advantages of using Ansoff

Disadvantages / limitations of using Ansoff

Exam link: A strong answer does not just name the quadrant. It explains why the tool helps managers compare strategic options, then evaluates what extra data is still needed before making a final marketing decision.

BCG matrix

portfolio analysis

Drag each product scenario into the correct BCG category. Look carefully at market growth and market share.

Star

High market share + high market growth

Question mark

Low market share + high market growth

Cash cow

High market share + low market growth

Dog

Low market share + low market growth

Case study: GlowUp Cosmetics uses BCG

GlowUp Cosmetics sells four product lines. Its tinted moisturiser has a 32% market share in a fast-growing skincare market. Its classic mascara has a 38% share in a mature market. Its vegan glitter gel has only 6% share but the market is growing rapidly on social media. Its old nail polish range has 5% share in a slow-growth market.

The marketing team uses the BCG matrix to decide how to allocate its promotional budget. They suggest protecting the tinted moisturiser, using cash from mascara to fund the vegan glitter gel, and either repositioning or discontinuing the nail polish range.

The sales director likes the visual overview, but the brand manager warns that the BCG matrix is only a snapshot. It does not show profit margins, brand loyalty, production costs, ethical issues, or whether a product currently classed as a dog could be revived through an extension strategy.

Task: sort the evaluation points

Drag each statement into advantage or disadvantage of using BCG.

Advantages of using BCG

Disadvantages / limitations of using BCG

Exam link: BCG is useful for discussing marketing resource allocation, but a strong judgement should also consider context, profit margins, cash flow, brand image and future market changes.

10-mark answer builder

interactive exam practice

Choose a case. Drag each explanation to the correct point. The explanations include context, why/how logic and business impact.

Flashcards

20 cards

Final quiz

20 questions