U8 Flashcards

Distribution and promotion

1
Q

What is distribution ?

A

Thats final link of company’s supply chain. That includes:
- getting right products to customers tr right time
- physical handling the goods
- warehousing
- distribution channel selection
- order fulfillment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is AmE mom and pop stores ?

A

Small family owned stores

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is AmE malls ?

A

Large shopping centers

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What is AmE parking lot ?

A

Large out of town where giant big-box stores surround the central car park

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What are distribution trends ?

A
  • move from mom and pop stores to malls
  • parking lots
  • more entertainment
  • developing in-house brands as cheaper competition to name-brand goods
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What does compose promotinal mix ?

A
  • personal selling
  • advertising
  • public relations
  • events
  • sponsorship of sport teams and music bands
  • endorsement by celebrities
  • trade promotions to retilers
  • others: product placements in films, word-of-month, viral marketing, guerilla marketing
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Describe sales process

A
  1. Prospecting - identify potential customer
  2. Approach - connecting the prospect and prepare to sale interview
  3. Presentation - describing features of product
  4. Demonstration - give customer chance to see product in use
  5. Answering objections - get custoper chance to express doubts and stress benefits rather then features
  6. Closing - ask the prospect to buy, offer alternative product or special incentive
  7. Follow up - processing the order quickly and efficently
  8. Long term relationship - establish regular contact with the customer
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are flyers ?

A

Peace of paper given to people as advertising form

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

word-of-mouth

A

personal recommendations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

viral marketing

A

online through social networking websites and friend emailing video clips

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

guerilla marketing

A

covers all nconvencional promotion techniques

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Enumerate tools for developing customer relationship

A
  • building brand identity which customer can relate to
  • frequency programs
  • forming community of buyers
  • affinity marketing
  • individualized advertising based on previous purchases
  • co-marketing with another company
  • using CRM software to give customer more personal experience
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

affinity marketing

A

attracting customers on the basis of their other interest, for example linking credit card to a favourite charity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Explain sales promotions

A

Internal: to generate enthusiasm amongst sales people and other customer-contact staff

B2B products: trade shows (trade fairs / exhibitions), portfolios of products fore salespeople, deals (eg price reduction), catalogues / brochures

Customers products: special offer (10% off for limited time), bonus (buy one get one free), coupons to cut out of magazine, free samples, in-store displays, catalogues / brochures, games and contests, promotionals items with an inspired logo, special events

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Explain promotional mix

A

Sales promotions
Persolan selling
advertising
Public relations
Events
Sponsorship
Endorsments
Trade promotions to retailers
Others: product placement word of mouth, viral marketing, etc

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Distribution channels

A

Direct distribution: from the producer or service provider straight to the consumer or business user

Use of the intermediary (middleman): one or more of agent / broker, distributor, wholesaler, retailer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Physical distribution

A

Warehousing, inventory control and materials handling

Customer service: order fulfilment, warranty and repair issues

Logistics: the work of planing and organizing the movement of materials, goods

Transportation: shipping

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Retailing

A

Non-store retailing
Direct-response retailing: home delivery of goods ordered from catalogues
Internet retailing: online selling through virtual storefronts
Automatic merchandising: sales throuhg vending machines
Direct selling: sales peolple go door-to-door

Store retailing
Speciality store (eg. books, flowers)
Convenience store (eg basic goods, open unti late)
Discount store (very low prices)
Supermarket / Hypermarket
Department store (aimed to more market)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

order fulfilment

A

Making sure that the customer get the right goods at right time

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

retail outlet

A

place where goods are sold to customers

21
Q

prospect

A

potential customer

22
Q

billboard

A

Large outdoor sign using for advertising

23
Q

repeat purchases

A
24
Q

cross-selling

A
25
Q

middleman

A

intermediary

26
Q

warehouse

A

shop for wholesaler

27
Q

merchandising

A

Ustawianie produktów aby maksymalizowac saprzedaz

28
Q

What the difference between client and customer ?

A

Client is more common in services and customer in product selling.

29
Q

What the difference between catalogue and brochure ?

A

Brochure is smaller and have more pictures and colors. Catalogue show all producer products.

30
Q

What’s the difference between promotion and advertising ?

A

Promotion means process of attracting people attention to product. Advertising is the specific form of promotion

31
Q

What’s difference between commercial and spot ?

A

Commercial is television or radio for of advertising, hovewer spot it most general term for the same thing.

32
Q

What’s difference between sponsorship and endosment ?

A

Endosment means celebritis who use certain product as a way of promoting. Sponsorship is financial support for sports men or cultural events.

33
Q

What’s difference between brocker and agent ?

A

Both means person who does business on behalf of another company. Agent refers to long time relation, but broker only one transaction.

34
Q

brand identity

A
35
Q

convenience store

A
36
Q

direct mail

A
37
Q

distribution channel

A
38
Q

in-store display

A
39
Q

press release

A
40
Q

product placement

A
41
Q

public relations

A
42
Q

Stages of sales process

A

Prospecting: identifying a potential customer
Approach: Contacting the prospect and preparing for sales interview
Presentation: Describing the features of the product
Answering objections: dealing with any doubts that customer has
Closing: Asking the prospect to buy
Follow up: processing the order quickly

43
Q

coverage

A

how widely information is distributed

44
Q

placed

A

put somewhere

45
Q

target

A

try to influence particular goup of people

46
Q

junk

A

sth that is not wanted or not healthy

47
Q

eyeballs

A

internet term referring to those ocassions when someone looks at something

48
Q

Explain four stages of logistics

A

inbound logistics: bringing raw materials, packaging
materials handling: movement of goods from warehouse to factory floor and from factory floor to workstation
outbound logistics: manages flow of finished products from intemediaries to final customers
reverse logistics: bringing goods back from premises because of defect

49
Q

What is reverse incoterm ?

A

international comercial term