A ________ is a set of attributes or features (e.g. name, term, design, symbol, reputation, etc.) that distinguishes the goods and services of one seller from another.
What is brand?
Which of the following is the process of coordinating all the messages, media and activities used by an organization to communicate with the market across different communication methods?
What is integrated marketing communication?
________ is an example of an unsought product.
What is pest control service?
Soft drinks and chewing gum would be considered which type of products?
What is convenience?
Which of the following refers to how marketers combine a range of marketing communication methods to execute their marketing activities?
What is promotion mix?
Which of the following are a direct result of past advertising, promotion, product reputation, and customer experience.
What is brand perceptions?
Two established brands collaborating to offer a single product or service that carries both brand names is defined as:
What is co-branding?
The retailer's brand Market Pantry is shown next to the well-known brand Heinz. Market Pantry is an example of:
What is a private label brand?
During which of the following stages of the new-product development process does the company seek to answer questions such as (1) what is the market opportunity for this product? (2) how does this product impact the brand? and (3) what are the costs to bring the product to market?
What is business case analysis?
Which of the following marketing activities has the goal of reaching and appealing directly to individual consumers and using information about them to offer products, services and offers that are most relevant to them and their needs?
What is direct marketing?
Which of the following is the best description of public relations?
What is it is believable because publicity is seen to be more objective and credible?
Which of the following is the most significant strength of personal selling?
What is its flexibility?
Which of the following is the primary disadvantage of advertising?
What is cost: depending on the medium, advertising can be very expensive?
For each IMC campaign, new display materials must be prepared, all reflecting ________ to maximize the campaign’s impact.
What is common objectives, messages, design, and other elements?
Which of the following describes the movement of physical product from the manufacturer through all the parties who take physical possession of the product until it reaches the ultimate consumer?
What is product flow?
________ is the first stage of the new-product development process.
What is generating new product ideas?
Which of the following product life cycle stages is associated with characteristics such as high costs, low sales volume, and little competition.
What is market introduction stage?
A company’s profitability begins to rise and public awareness increases during the ________ of the product life cycle.
What is growth stage?
During which of the following stages of the product life cycle does the following happen? The growth of a product begins to plateau, and the company must take advantage of economies of scale and marketing messages and promotions that seek to remind customers about a great product, differentiate from competitors, and reinforce brand loyalty.
What is maturity stage?
________ is the last stage of the new-product development process.
What is evaluation?
Your friend Mark just started a new job at Gerald’s Car Repair. The owner asked your friend to think about the shop’s promotion mix and come up with some new ideas. Mark is not sure what he needs to do. Can you help Mark?
What is yes, tell Mark to consider the shops current advertising, public relations efforts and digital marketing and make suggestions for improvements and additions?
Which of the following describes the movement of title through the channel?
What is ownership flow?
Which of the following statements is FALSE?
What is a channel of distribution is only for physical products, not services?
Which of the following statement regarding retail channel is FALSE?
What is the retailer markets and sells the goods on behalf of the consumer?
Which of the following statements regarding wholesalers is FALSE?
What is wholesalers do not bear the risk for the products until they are delivered?