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    publicity offers retailers all of the following advantages except:

    The four marketing management functions are analysis, planning, implementation, and control. Marketing Authorizations and When Authorizations are NOT Necessary. Because company goals vary widely, so do promotional strategies. Many sellers have to mass customization. A marketing plan should observe the 80:20 rule i.e., for maximum impact, it should focus on the 20% of products and services that account for 80% of volumes and the 20% of customers that bring in 80% of revenue.

    A product is completed by the last layer the augmented product. b. it can create logistical problems when the company tries to meet varied requirements. Tesla. Purchase Motivation: Customers are driven by logic and financial incentive. 1. D. Consumers are less able to stockpile services by taking advantage of discount prices. Expanding expected benefits. 8. Question 62: All of the following are advantages of television as an advertising medium except:a. mass Coverage. 1. Such type of quantity discount is common for customers. Suggested Answer: Strong brands have the following advantages: (1) improved perceptions of product performance; (2) greater loyalty; (3) less vulnerability to competitive marketing actions; (4) less vulnerability to marketing crisis; (5) larger margins; (6) more inelastic consumer response to price increases; (7) more elastic consumer response to price decreases; consumers must be in the right place to buy the product. a. direct marketing channel b. indirect marketing channel c. forward channel d. fashion channel 2. Services retailers deal 5 Benefits of positioning in marketing. Detailed information on Yoga Burn Renew deep sleep supplement, ingredients, side effects complaints, C. Marketing the products inside the country. c. the number of intermediaries. Increased Brand Awareness. Different people want a greater selection. A joint venture affords each party access to the resources of the other participant (s) without having to spend excessive amounts of capital. D. low margin, low price retailers enter to compete with retailers who are high margin and high price. Renew supplement reviews. D. D. all of the above. Location-based marketing can offer a host of benefits to both consumers and marketers. Marketing Management MCQs 101+ Multiple Choice Question and Answers. Marketing mix usually refers to the set of 4Ps viz. To determine what constitutes an acceptable authorization, see 45 CFR 164.508. Define strategic planning. These products or services may be environmentally friendly in themselves or produced in an environmentally friendly way. c. is easy to manage and plan. A marketer focuses on several commonalities, rather than differences, among a group of consumers. This marketer appears to be engaging in ________. differentiated marketing undifferentiated marketing C. Comparing prices of competitors is more difficult for service consumers.

    To kickstart or advance your career its a good idea to think about getting training in at least one or two specialty areas unless youre in or gunning for management, in which case youll probably need to know quite a bit about them all. 5 Examples of Positioning in Marketing. Make more effective decisions. Discuss the steps involved. 6 Benefits of Direct Marketing for Your Product. Harvard Business School professor Neil Borden coined the term marketing mix and used it in his presidential address to the American Marketing Association (AMA) in 1953. In one sense, all marketing is the marketing of this. D) Growth rates for retail e-commerce are higher in The process of developing and maintaining a strategic fit between the organization's goals and capabilities and its marketing opportunities is called strategic planning. By Products or Services: This is the simplest basis for classification of the retailers. B) the combined effect of television and magazines will increase recall by at least 25%. Each organization has its own objectives, policies, procedures, structure, and systems to learn. Discuss the steps involved. Detailed information on Yoga Burn Renew deep sleep supplement, ingredients, side effects complaints, pricing and more. B. All of the following are possible types of service that a retailer can offer except -.

    While the actual product offers most differentiation potential, the augmented product adds further options to differentiate. 9 Radio Advertising. ANSWER: D 38. Expanding desired benefits. Consumer sweepstakes. In addition to acting on behalf of their firms, sales representatives also act on behalf of their customers. 54. Conducted remotely can reduce or prevent geographical dependence. 16) Quantity Discount. c. Interactive marketing d. Service differentiation 17. 3. Quickly respond to retailers need b. if the product is in place, it will not be successful. Even when you don't make a profit, generating cash with the unsold items enables you to meet near-term expense obligations and to buy inventory for the next season. (c) items in the product line. A. A narrower definition might be that marketing communication is the communication effort designed to create demand or other secures better insight into strengths and weaknesses of the firms internal resourcesd. called: a. intensive distribution. d. it pays for news and entertainment programming. C. Comparing prices of competitors is more difficult for service consumers. 1. Caterpillar has become dominant in the construction-equipment industry despite charging a premium price and being challenged by a number of able competitors. d. provides a high level of credibility.

    a. Double-up marketing b. The demand for services tends to be more elastic than the demand for goods. Volume is one of the characteristics of big data. Critics argue sales promotion spending contributes to the destruction of brand equity. Enhanced productivity. complaint handling A retailer ensures that customers are able to locate a needed item by having proper in-store signage, displays, helpful employees, and a well-designed layout. (1) Marketing mix (2) Promotion mix (3) Product mix (4) Price mix (5) Place mix Q22. A senior associate dean of business programs, Dr. Mark Hobson, said although digital marketing seems like a new world, in fact, it is based on many of the principles familiar to traditional marketers and requires both foundational marketing knowledge and technical know-how.. Dr. Jessica Rogers, associate dean of marketing programs, said the two disciplines John is considering operating a jet ski shop catering to travelers and tourists. b. is considered to objective. Connect to consumer needs. Purpose of a Marketing Plan. b. the types of intermediaries. The essence of e-tailing is in the ability to transcend physical boundaries and reach customers in a manner different from the traditional retailing, to their doorstep. ANSWER: B. c. Procter & Gamble has little competition. The goal is to stimulate action from the people or organizations of a target market. Retail marketing pertains to the strategies and tactics that retailers use to attract customers and drive sales. Make more effective decisions. C. Critics argue sales promotion is leading to reductions in brand equity because it comes at the expense of media advertising. b repetitionc. The goal is to stimulate action from the people or organizations of a target market. Example of the 5 Ps of Marketing. Q. Such a process can occur only when there are at least It simply offers additional consumer services and benefits. ANSWER: C 39. To achieve the marketing objectives for the brand and satisfy the desires of consumers, the _____ and functional components of packaging must be chosen correctly. Deflect customers attention from price .

    Managing relationships. Ecommerce Disadvantage #1: No One Can Buy During a Site Crash. reminder ads (Answer: b; p. 222; Challenging; LO1) _____ can also be marketed. ANSWER: D 38. A tablet, for example, frees employees from the point-of-sale system, instead allowing them to carry the register with them. D. all of the above. So for example, a single soap may cost $1 but a combined package of 5 units of soap might cost you $4, giving you a 20% discount on the purchase. What type of marketing is demonstrated by General Electrics use of the phrase, We bring good things to life? Marketings principal function is to promote and facilitate exchange. ANSWER: C 39. However, the base of the e-retailing model is technology and logistical solutions that facilitates the customer purchase and the final reach process. Additionally, employee benefits can enable you to communicate your company's values. Offering good employee benefits is also critical for long-term employee retention. for b2b marketing: for b2c marketing: Goal: Customers are focused on ROI, efficiency, and expertise. In the late 19th and early 20th centuries, Americas business and economic sectors changed dramatically. Cost reduction. One of the Benefits of Branding is that it helps the brand carve a distinguished identity in the A) Social e-commerce generates more revenue than mobile e-commerce. . But one of the biggest restrictions that comes with it is the inability to go beyond a regional or local audience. Customer behavior patterns can be grouped into: 1. Define strategic planning. Create a strong competitive position. Can be administered remotely via online, mobile devices, mail, email, kiosk, or telephone. (d) lines a company offers. Because company goals vary widely, so do promotional strategies. Most firms use some form of promotion. Sellers do have the option of adding multiple listings or removing items that are sold out. Entire positioning b. b. Workers, too, can benefit from the use of new technology, by arming them with more information and increasing their efficiency. Advantages. A. The party who get advantages through sales promotion is (1) Retailer (2) Manufacturer organizing trade fair, exhibition, offers, discount coupon etc. Effectively sells more high-margin merchandise than floor fixtures C. Holds minimal merchandise D. Can present coordinated face-outs with a multiple fashion story in a small space E. All of these are benefits B) Over 210 million U.S. consumers use mobile apps. Bigger Audience Range. A sweepstakes calls for consumers to submit their names for a draw.

    The last element of the marketing mix is the place. Point of difference c. Definition of business d. Innovation 7. This is the biggest and most obvious benefit to well-implemented market segmentation. d. field selling, largely because of the travel costs of sales personnel. C. limited service. High segmentation and targeting: You can reach your specific audience segments with personalized messages. SURVEY. First is the Product, which is the physical item thats being sold. ANS: A PTS: 1 DIF: Difficulty: Moderate

    B) Over 210 million U.S. consumers use mobile apps. 3. The media multiplier effect means: A) the combined impact of using two or more media is stronger than using either medium alone. Define a clearer target markets. The more quantity of the product you buy, the more is the discount. However, there are other types of benefits, as well. d. public trust. Through marketing, individuals and groups obtain what they need and want by exchanging products and services with other parties.

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