Quiz 1 Flashcards
The following activities are rightly considered marketing except:
d. building a facility to make furniture
Effective marketing should begin with
b. potential customer needs
Target marketing, in contrast to mass marketing
d. Tailors a marketing mix to fit some specific group of customers.
The “4P’s” of a marketing mix are:
e. Product, Place, Promotion, and Price
Which of the following is true?
The product “P” in the marketing mix stands for both physical goods and services.
Hewlett-Packard sells personal computers through specialty computer stores, electronics superstores, and its own internet site. The marketing mix variable that is being considered here is
place
advertising is
any paid form of non personal presentation of ideas, goods, or services by an identified sponsor.
a “channel of distribution”
is any series of firms (or individuals) from producer to final user or consumer.
Coupons, samples, and point-of-purchase materials are examples of
sales promotion
—– is the process of naming brand product-markets and then segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes
market segmentation
Behavioral (rather than demographic) segmenting dimension include a. type of problem solving
b. kind of shopping
c. brand familiarity
d. benefits sought
e. all of these are behavioral dimensions
e. all of these are behavioral dimensions
Cross coffee, Inc, has substantial market share in South America but seeks growth. its managers want to expand into North America and target cities with populations of 50,000-99,999. identify the segmenting dimension most probably being used by corgis coffee.
geographic
when hallmark designs its website so that a teenage girl can send a theme card to her boyfriends cell phone, what is the primary segmenting dimension that hallmark is using?
age
ADT commercials that advertise the value of having a home burglar alarm system appeals to consumers
safety needs
firms most likely to attract consumers by making an appeal to social needs are:
online dating sites