quiz 1 Flashcards

1
Q

category roles

A

destination, routine, occasional/seasonal, convenience

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2
Q

market strategies

A

traffic builder, transaction builder, profit generator, cash generator, excitement creator, image enhancer, turf defender

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3
Q

category roles sf

A

don’t run over Steve Carrell

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4
Q

market strategies sf

A

tb, tb, pg, cg, e, i, t

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5
Q

market tactics

A

assortment, pricing, promotion

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6
Q

market tactics sf

A

app

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7
Q

be THE store of choice

A

destination

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8
Q

be A store of choice

A

routine

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9
Q

be a MAJOR store of choice

A

occasional/seasonal

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10
Q

be a category provider

A

convenience

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11
Q

what’s the reason of giving category roles

A

to give allocations based on a retailer’s importance to customers

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12
Q

scrutiny of a category and its subcategories to determine potential for generating growth

A

category assessment

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13
Q

A process that enables retailer category managers and their manufacturing partners to keep track of how they’re progressing against goals

A

category scorecard

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14
Q

what does score carding measure

A

market share, financials, product supply

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15
Q

what should you never skip in regards to score carding

A

retail score carding

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16
Q

attracting customers to the aisles

A

traffic builder

17
Q

generating excitement and enthusiasm among customers

A

excitement creator

18
Q

increasing the average purchase size

A

transaction builder

19
Q

increasing profit yield

A

profit generator

20
Q

increasing overall cash flow

A

cash generator

21
Q

strengthening the view of the retailer held by the customer

A

image enhancer

22
Q

strong position of category vs competition

A

turf defender

23
Q

what a retailer wants in a category’s mix

A

assortment

24
Q

EDLP, HIGH-LOW, HYBRID, SHOPPER CARD

A

pricing

25
Q

growing traffic and sales/ rewards for best customers

A

promotion

26
Q

dividing a broad target market into subsets of consumers who have common needs, and then designing and implementing strategies to target their needs and desires using media channels and other touch-
points that best allow to reach them

A

market segmentation

27
Q

why is the blattberg model not the best

A

no focus on the shopper

28
Q

which model is the “best” to analyze

A

shopper insights