This economic term describes a product's usefulness, the characteristics fit into one of 5 categories: Form, Information, Time, Place or Possession.
Utility
Target Marketing
What are the 4 P's of Marketing?
Product, Price, Place, Promotion
Advertising
In what year did the U.S. Ban the advertisement of cigarettes on TV and Radio?
1970
A phrase that describes the 7 different jobs of Marketing.
Marketing Functions
Statistics about age, gender, income, ethnicity, education, occupation, etc. are called...?
Demographics
Decisions about how to communicate with customers about a particular business, product, or service fall under which P?
Promotion
Sales associate providing specific product information, to help customers make informed decisions about purchases is an example of:
Personal Selling
The first Instagram photo featured what animal?
A dog.
When you're shopping online and are offered monthly payment options so that you don't have to pay a large sum at one time, falls under which function?
Hint: Pricing, Promotion, or Financing
Financing
Which market segment includes, understanding a customer's mindset, interests, hobbies, and lifestyle.
Psychographics
Decisions about packaging, features, branding, size, shape, color, all fall under which P of the Mix?
Product
Getting $500 to open a new account at a certain bank, is an example of:
Sales Promotion
Which soft drink (pop/soda) was invented in Waco Texas in 1885?
Dr. Pepper
Formal or informal research used to inform business & marketing decisions falls under which function:
Marketing Information Management, Selling or Product Management
Marketing Information Managment
Kohls and Walmart sell various local, collegiate, and national sports apparel based on their store's location. They use ____________ data to segment the market.
Geographic
Which P's are included in this example: Netflix expands their distribution from by mail only to by mail and streaming. Prices varied based on your chosen distribution method and package selected.
Price and Place
Public Relations
Which Tech Icon said this:
"You can't just ask your customers what they want and try to give it to them. By the time you get it built, they'll want something new."
Steve Jobs
List the 7 Functions of Marketing
Hint: Ms. FD and her 4 P's
Marketing Information Management
Selling
Financing
Distribution
Product Management
Promotion
Pricing
List all 4 Market Segment categories
Demographics, Psychographics, Geographics, Behavioral
Subscription boxes are all the rage currently. When businesses create a subscription box to send products to customers on a regular basis, their decision altered their strategy for which P of the Marketing Mix?
Place
What are the 3 main roles of promotion?
Inform, Persuade, Remind
Which Social Network is owned by Microsoft?