Final Flashcards

1
Q

What is the push strategy?

What is yield management pricing?

Can promotional mix persuade people to try a product?

A

charging of different prices to maximize revenue for
a set amount of capacity at any given time.

Yes

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2
Q

How has web 2.0 changed the internet?

What is capacity management and how does it relate to a integrated service component of a marketing mix?

What is standardization and training?

A

integrates the service component of the marketing mix with efforts to influence consumer demand

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3
Q

What illustrates movement along the demand curve?

What is a category killer?

What do we use social media for?

A

Price and Quantity only.

Characteristics of these visitors

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4
Q

What can shift the demand curve?

What are the 3 commonly used compensation plans for sales people?

What is target pricing?

A

Distribution, tariffs, etc.

Straight salary, commission, combo.

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5
Q

If in college do you use social media?

Do consumers struggle evaluating services vs products?

What is price?

A

Yes

Yes services are intangible.

What someone charges us.

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6
Q

What is cooperative advertising?

Information and persuasive content are commonly combined to form what?

a company using it’s own internal sales force uses 3 things?

A

Perception

Geography,

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