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Understanding the Consumer and the Competition

Edexcel 9EB0T1-2eA-levelLesson packSubscription
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  • 9 questions
  • 39 marks
  • about 60 minutes
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Question types: short answer, multiple choice, fill the gap, matching, extended answer.

About this resource

Edexcel Economics B (9EB0) Theme 1, Unit T1-2 (spec ref 1.3.5 + 1.3.6) — market research (primary/secondary, qualitative/quantitative, sampling and bias), market segmentation (demographic, geographic, psychographic, behavioural), market mapping, differentiation and adding value. Completes Unit T1-2.

19 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Market Research — Primary vs Secondary
  3. Hinge Check — Primary or Secondary?
  4. Qualitative vs Quantitative — and the Problem of Bias
  5. Hinge Check — Bias and Reliability
  6. Market Segmentation — Four Ways to Divide a Market
  7. Interpret the Data — Meadow Byke Co.'s Customer Segments
  8. Hinge Check — Which Segmentation Type?
  9. The Competition — Introducing Market Mapping
  10. Reading a Market Map
  11. Guided Practice — Reading the Market Map
  12. Differentiation and Adding Value
Unit bundleTheme 1 · Markets, consumers and firms
Part of: Theme 1 · Markets, consumers and firms: the whole unitEvery resource in the unit in one zip.

More from Theme 1 · Markets, consumers and firms