Marketing 1.3 b Flashcards

1
Q

purchase decision process 5 steps

A

problem recognition, information gathering, alternative evaluation, purchase, post purchase

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2
Q

effective demand

A

total number of products currently sold

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3
Q

potential demand

A

number of product above or below sales that supplies could sell between them

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4
Q

market potentialq

A

estimation of the maximum sales in a timeframe

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5
Q

types of demand

A

initial, replacement, additional

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6
Q

3 steps

A

segment, target, position

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7
Q

positioning questions

A

where are we now? Where do we want to go? How do we get there?

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