Chapter 25 : Introduction to Marketing Flashcards

Introduction to Marketing

1
Q

Face-to-face communication with a potential customer is known as _______ _______.

A

Face-to-face communication with a potential customer is known as personal selling.

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2
Q

What does SMART stand for when we say that the advertising objective should be SMART?

A
Answer:
Specific, 
Measurable, 
Agreed upon, 
Realistic, and with a 
Timeline attached
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3
Q

Pens, gifts, calendars, and note pads are examples of ________ ________.

A

Answer:

Pens, gifts, calendars, and note pads are examples of sales promotion.

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4
Q

Misleading advertising or similar deception practices are dealt with in the provisions of the ________ Act.

A

Answer:

Misleading advertising or similar deception practices are dealt with in the provisions of the Competition Act.

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5
Q

TRUE or FALSE? Public relations is free media coverage of the company or its products.

A

FALSE.

Publicity is free media coverage of the company or its products.

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6
Q

In the shopping behaviour model, real estate services would be a good example of a ________ good.

A

In the shopping behaviour model, real estate services would be a good example of a shopping good.

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7
Q

Define niche marketing.

A

Niche marketing is focusing an entire marketing effort on a relatively small, but active and growing, target market

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8
Q

The 4Ps of marketing are:

A

The 4Ps of marketing are:

product, place, price, and promotion.

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9
Q

What are the four distinct phases for buyer behaviour?

A

What are the four distinct phases for buyer behaviour?

(1) Felt Need
(2) Pre-Purchase Activity
(3) Purchase Activity
(4) Post-Purchase Activity

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10
Q

What are the components of the promotional mix?

A

What are the components of the promotional mix?

  • Personal selling,
  • advertising,
  • sales promotion,
  • publicity, and
  • public relations.
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