Marketing mix consists of 4 pieces: The promotion (advertising), the product or service, the place where your company is and the price. How much do people have to pay for it?
Now that we have promoted, we will switch to product or service.
The cost of a product, the turnover, the profit and the gross profit.

On the market…
Do you ever come to a market? Brave market? A market with stalls where you can buy fruit and vegetables? Or fabric for clothes and cheap knives and spoons? Traders enter a weekly market. Traders are people who sell products. These merchants who offer products offer products to the market while consumers come to the market to buy something. The word market has several meanings in the field of economics. Market = a place where products / services are sold and bought. Shops and Marketplace are examples of a market.
1. Read the text On the market.
What is meant by a market in the subject of economics?

2. View the image of Marktplaats below.
a. Explain that this is an example of a market.

b. Name two differences between a weekly market such as the Dapper market and Marktplaats.

What did you sell?
You have a brand new PlayStation 4. Your old one is still doing well. You put this on Marktplaats. Because you put your old PlayStation online, you ensure that there is an offer. Supply on the market means anything that is put up for sale. Or anything someone sells so you can buy it. Manufacturers, internet shops, gyms, retailers and hairdressers all provide products or services. For example, a hairdresser ensures that they can offer you a service. The offer here is someone who wants to cut your hair for you.
Gyms ensure that you can exercise. Their offer is sports equipment.

3. View the photo next to the text. What offer is the store called in the picture?

4. Is there an offer or not in the following examples? Choose the right answer. Indicate for each letter whether or not there is an offer.

A. The supermarket offers chocolate.
B. You are looking for a second-hand bicycle.
C. Nike presents a new kind of gyms.
D. Apple that sells iPhone
E. You want to work at a supermarket.

5. Give an example of the offerings from the stores below.

a. Clothing store Zara

b. Action

c. Hema

d. Snack bar FEBO

e. Barber shop Hanni Hannah

What do you want to buy?
After this year you go to 4 havo and you need a special calculator for mathematics, they are also called a graphing calculator. On this calculator you can draw graphs, save notes and much more. Since you have to buy this calculator, go to the Bruna to see if they have it. Unfortunately… the Bruna does not have it. After this you will search online for this specific calculator. Because you are looking for a calculator, you take care of the question. The question = everything people want to buy and think they need. In this case you are looking for a calculator. So there is a demand for a calculator.

6. Read the text above. Choose the correct answer for each statement. You can choose between: supply / demand.

a. Consumers provide ……
b. You sell old things at the flea market. You take care of ……
c. You who have to buy a new calculator takes care of ... ..
d. The buns in the sides are it …….

Markets you can't visit?
As we discussed earlier, you use the term: market, for places where something is sold or bought. Supply and demand come together. You can visit a weekly market or a shop. But there are also markets that you cannot visit, such as the housing market. The housing market is the total number of houses for sale or houses that people want to buy.

7. Read the text Markets you cannot visit? And look at the photo.
Fill in the right word. Choose from: supply / demand / housing market.

The picture shows an example of the ……………………… .. The broker shows the ………………………. The woman in the picture takes care of …………… ..

8. Link the right market to the right example.

Markets:
- Job market
- Financial market
- Oil market

Examples
- Alex buys shares in Philips. (Shares are buying pieces of the company so that you are also a co-owner.)
- Aram is filling up his scooter.
Jorine is looking for a new job

9. Here you see the houses on the housing market in The Hague.
a. Which housing type is most common in The Hague?

b. There are 248,500 homes in The Hague. Calculate how many houses in The Hague are detached.