Non-price Competition
Edexcel 9EB0T2-2dA-levelLesson packSubscription
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- about 60 minutes
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About this resource
Edexcel Economics B (9EB0) Theme 2, Unit T2-2 (spec ref 2.2.3) — how firms compete WITHOUT changing price: differentiation, advertising/branding, distribution/place, customer service and loyalty schemes, and product development. Explains how successful marketing shifts the demand curve right and…
17 slides.
Lesson outline
- Do Now — Retrieval
- Non-price Competition vs Price Competition
- Hinge Check — Who Can Use Non-price Competition?
- Advertising and Branding — Shifting the Demand Curve
- Hinge Check — Why Advertising Lets Firms Charge More
- Guided Practice — Shift the Demand Curve
- Methods of Non-price Competition
- Hinge Check — Loyalty Schemes
- When Is Non-price Competition More Effective Than Price Competition?
- Hinge Check — Choosing the Right Strategy
- Apply It — A Loyalty App
- Main Activity — Hartley's Roastery
Unit bundleTheme 2 · The wider economic environment
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