Chapter 25 : Introduction to Marketing Flashcards
Introduction to Marketing
Face-to-face communication with a potential customer is known as _______ _______.
Face-to-face communication with a potential customer is known as personal selling.
What does SMART stand for when we say that the advertising objective should be SMART?
Answer: Specific, Measurable, Agreed upon, Realistic, and with a Timeline attached
Pens, gifts, calendars, and note pads are examples of ________ ________.
Answer:
Pens, gifts, calendars, and note pads are examples of sales promotion.
Misleading advertising or similar deception practices are dealt with in the provisions of the ________ Act.
Answer:
Misleading advertising or similar deception practices are dealt with in the provisions of the Competition Act.
TRUE or FALSE? Public relations is free media coverage of the company or its products.
FALSE.
Publicity is free media coverage of the company or its products.
In the shopping behaviour model, real estate services would be a good example of a ________ good.
In the shopping behaviour model, real estate services would be a good example of a shopping good.
Define niche marketing.
Niche marketing is focusing an entire marketing effort on a relatively small, but active and growing, target market
The 4Ps of marketing are:
The 4Ps of marketing are:
product, place, price, and promotion.
What are the four distinct phases for buyer behaviour?
What are the four distinct phases for buyer behaviour?
(1) Felt Need
(2) Pre-Purchase Activity
(3) Purchase Activity
(4) Post-Purchase Activity
What are the components of the promotional mix?
What are the components of the promotional mix?
- Personal selling,
- advertising,
- sales promotion,
- publicity, and
- public relations.