Trustfund, Six-five, Blue Eyes Flashcards

1
Q

A Word or Phrase that is easy to remember and is used to market a product or Brand etc.

A

Slogan

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2
Q

The Benefit from a product or Service that differentiates it from other products or Services.

A

USP - Unique Selling Proposition

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3
Q

A Word used when Running a search online.

A

Keyword

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4
Q

A Model that Shows the Patch of a Product, from its introduction, growth, maturity, and Sales decline.

A

Product life Cycle

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5
Q

When you put a Product on the market for the First time.

A

Product Launch

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6
Q

Part of the marketing mix that covers what the Customer Sees such as the Companys Premieses, the Packaging, the Web Site etc.

A

Physical evidence

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7
Q

A term to Describe the market made up of retired People.

A

Grey or Silver market

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8
Q

A Statement in an Advert, ususally by someone famous, saying how good the product or Service is.

A

Endorsement

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9
Q

When a Company Develops News Products to be marketed under an existing Brand Name

A

Brand Extension

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10
Q

Oral Communication on how good a product is. Said to be the Most effective way of Marketing

A

Word of mouth

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11
Q

The Place where you physically Buy the product, normally at the cashier.

A

POS - Point of sale

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12
Q

8 to 12 years old

A

Tweenagers

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13
Q

The Network of Producers, suppliers and Distributors who are involved in manufacturing and delivering the product.

A

Supply Chain

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14
Q

How a Company establishes how the Customers will view the product of Service in Their minds.

A

Brand positioning

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15
Q

Marketing a product to a small and will-defined Segment of the market place

A

Niche Marketing

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16
Q

A Model describing the process that advertising or Promotion is intended to initiate in the mind of a prospective Customer.

A

AIDA - Attraction, Interest, Desire, Action

17
Q

The marketing mix

A

4 P‘s : Product, Promotion, Price, Place
+
People, Process & Physical evidence

18
Q

Product identification by Word, Name, symbol, Design, or a combination of These. The Legal Name for this is Trademark.

A

Brand

19
Q

A Trendy Word or Phase that is used more to Impress Than explain.

A

Buzzword

20
Q

Making a Product visible in a Film or Television Series; a Service you have to pay for !

A

Product Placement