Your Business Brand and Reputation Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

What is a Brand Promise?

A

It’s a way for an organisation to tell their customers what they can do for them.

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

What’s Primark’s Customer Promise?

A

“Easy, caring, and fun”

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

What is Primark’s Mission Statement?

A

To supply quality clothing at excellent prices.

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

What 2 things are customers influenced by to buy a product from your store?

A

Peer pressure such as friends and family, and Reputation.

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

How does your organisation use Social Media?

A

Primark uses Social for a way to keep in contact with customers and to promote products.

  • Twitter for customer interaction and promoting products
  • Facebook, they post videos and promote products
  • YouTube, the post videos of the products and post tutorials and style videos of how to use the products such as how to put an outfit together that is currently in store.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What does PESTLE stand for?

A
P = Political
E = Economical
S = Sociological
T = Technological
L = Legal
E = Environmental
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What could be a Political factor that can affect Primark?

A
  • Trading
  • Deliveries from abroad
  • Northampton Council - Elections
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What could be an Economical factor that can affect Primark?

A
  • Money
  • Retail prices changing
  • Competitive Businesses
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What could be a Sociological factor that can affect Primark?

A

Primark using social media wisely by using
Instagram, Twitter and YouTube to interact with customers and promote products. This helps keep customers up to date which helps build up our reputation.

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

What could be a Legal factor that can affect Primark?

A
  • Company Policy
  • Health & Safety
  • Data Protection
  • Consumer Rights
  • Equality
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What could be a Technological factor that can affect Primark?

A

Using more modern technology such as:
•Touch screen screen tills
• computers
• tablets so we can access the system to help find an item for a customer.

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

What could be an Environmental factor that can affect Primark?

A

• Delivering clothes/products from China

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is a Sector?

A

A Sector is one of a few segments in the economy within a large group of companies that can be categorised.

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

What sort of jobs are in the Primary Sector?

A

This sector deals with extraction and harvesting of natural resources such as agriculture and mining.

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

What sort of jobs are in the Secondary Sector?

A

This sector is construction, manufacturing and processing.

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

What sort of jobs are in the Territory Sector?

A

Retailers, entertainment and financial sectors make up this sector.

17
Q

What sort of jobs are in the Quaternary Sector?

A

This final sector deals with knowledge of intellectual pursuits including research and development.

18
Q

What is a Product?

A

A product is a material or item that can be purchased. This is usually a physical item, that can be seen or touched such as a meal, clothes or a tablet.

19
Q

What is a Service?

A

A service is an activity or action carried out for a customer. For example, a service delivered by a doctor, barber or room attendant. A service can differ from colleague to colleague. You cannot own a service but you can use it.

20
Q

What’s the difference between a customers need to a customers want?

A

A need is something that solves a real or imagined problem. A want on the other hand is simply something nice to have.

21
Q

What’s the 5 Steps to selling?

A

1) Identify the customer’s needs
2) Present solutions
3) Check solutions
4) Overcome objections
5) Close the sale

22
Q

What’s an example of an open ended question?

A

Do you like this product or maybe this one?

23
Q

What’s an example of a closed question?

A

Would you like a bag?

24
Q

What is Market Share?

A

Market share is the amount of market your business attracts - the market being your customers.

25
Q

How do you increase your Market Share?

A

Companies increase market share through innovation & strengthening customer relationships.

26
Q

What is a USP?

A

Unique Selling Point. As competition increases businesses need to have something about them that stands out to customers, this is called a Unique Selling Point.

27
Q

Who are your competitors?

A

New Look, River Island and Topshop.

28
Q

Why is it vital to keep your knowledge up to date?

A

As retail changes regularly, it is so important to keep up to date with what’s going on and getting up to date training to not only feel more confident in your role but it helps when serving customers and helping colleagues too.