SWOT Did you say?
STP
Potpourri
Market Research
Product
STP 2
You "Need" to know this
Product 2
100

There's are positive things that are internal to your company.

What are strengths?  

100

Why do marketers segment the market into different groups of customers?

What is: Different people have different needs?

100

This actress has been influential in targeting the growing Hispanic subculture

Who is sofia Vergara?

100

What is the point of doing market research?

What is learning about the  needs of the customer, the market, etc...?

100

Explain how a service is different than a physical product.

What is "Can't be stored, intangible, variable, etc...?

100

Give an example of Demographic Segmentation.

What is: age, gender, ethnic, income life stage, marital status?

100

This famous psychologist developed a hierarchy of needs. Name him and explain his theory.

Who is Abraham Maslow?

What is the Hierarchy of Needs? Lower level needs must be satisfied before higher level needs can be addressed.


100

A _____________is anything that delivers value to satisfy a need or want and includes physical merchandise, services, events, people, places, organizations, information, or ideas.

What is a product?

200

Chipotle had an ecoli outbreak in their restaurants.

Passengers on a Carnival cruise were sick with the Norovirus.

What are weaknesses?  

200

When Perceptual Mapping is done on a product, comparing it to other products in the category, it is in the mind of the Marketing Manager.

True or False

What is false?

200

BMW is "The Ultimate Driving Machine"  is their ______  ___________.

What is a Value Proposition?

200

This type of Data is data that already exists.

Give an example.

What is Secondary data?

200

A _______________ is a name, term, sign, symbol, or design or a combination of these that identifies the maker or seller of a product or service.

What is a BRAND?

200

This company was a pioneer in targeting the LGBTQ back in the 1980s.

What is 

200

Having a facebook account satisfies what type of Need?

What is belonging/esteem?


200

Explain the difference between product mix, product depth and product line

What is:

Mix: Every Product the company makes/sells

Breadth: The number of Product Lines

Depth: The number of variations in a product line like flavors, sizes, etc.?

300

Interest rates for business loans are going up.

What is a threat?

 

300

The VALS survey that you took determined your attitudes and what you value. This was an example of what type of segmentation?

What is psychographic?

300

 What is the first step in the Consumer Decision Process?

 What is "Need Recognition?"

300

This is research you create to answer a specific question.

What is Primary research or primary data?

300

Give an example of a Convenience Good and a Shopping Good?

Will Vary

300

 When a company segments a market, they can only choose one segment to target.

True or False

 What is False?

300

Water is a physiological Need. How can Water satisfy other needs?

What is esteem needs with Perrier?


300

 What is my Brand personality?


What is rugged?

400

Many people are choosing diets that are gluten free, lactose free and fat free. 

What is Taste Free?

JK

What are opportunities?

400

Steve and his wife are empty nesters. Their kids are out of college and have launched their careers.Mike and Sue are in their early thirties and have two small children.  Marketers target these different consumers based on what type of segmentation?

What is Life Cycle?

400

Advertising that uses music is taking advantage of ___________. Music that is happy and repetitive helps consumers to feel happy when they hear it. Consumers then associate the feelings of happiness with the product and may be more likely to buy the product.  

What is Classical Conditioning?

 

400

In the Marketing Research video, they said if you could only find the answer to one question, what would that question be?

What is "Were you satisfied and would you recommend us to your friends?"

 

400

A prepaid funeral is an example of this type of good.

What is an unsought good?

400

Carnival Cruise lines targets Florida residents with last minute deals to sell unsold cabins. These residents are closer to the port and can get there on short notice and take advantage of a good deal. What type of Market Segmentation is Carnival using?

What is Geographic segmentation?

400

This is becoming all that you can be.......being the best version of yourself.

What is Self Actualization?


400

When we think of SBU, we think of this class, our friends, basketball, fun times, etc. This is called _______ __________.

What is Brand Association?

 

500

In today's News Headline: 

"J & J to pay millions in suit over talc in their baby powder" is an example of ____________

What is a weakness?

500

There are many different combinations in the Positioning Matrix based on Promotion and Distribution. The two optimal matches are:

What are Mass and Niche. 

500

Name the companies that these logos represent

What are Uber, Nike and  Under Armour?

500

On your receipt at McDonald's, you'll receive a free sandwich if you complete a survey. This is what type of research? 

Primary or Secondary?

What is primary?


500

Give an example of a hybrid product

What is restaurant meal, hotel, salon, oil change, etc.........?

500

This famous ad executive was instrumental in targeting African Americans in the 1970s. Who is he and what were the 2 companies he worked with?

Who is Tom Burrell and What are McDonalds and Coca Cola?

500

Give an example of a product that addresses a safety need?

Will Vary

500

Give an example of a brand that is genericized to the product.

What is Kleenex

            Jello

            Google

            and others

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