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WorksheetsThe 7 Functions of Marketing
Total questions: 20
Worksheet time: 10mins
Name that function: Planning ways to cover cost and reach the desired profit margin.
Pricing
Promotion
Selling
Financing
Marketing Information Management
Name that function: Gathering information about what consumers want in order to make informed business decisions.
Financing
Pricing
Distribution
Marketing Information Management
Product Service Management
Name that function: Designing, producing, maintaining, and improving products or services to meet changing needs and wants.
Marketing Information Management
Financing
Pricing
Product/Service Management
Distribution
Name that function: Moving products from the producer to the consumer.
marketing information management
financing
pricing
product service management
distribution
Name that function: Reminding customers about your products through advertising activities such as social media marketing, commercials and billboards.
marketing information management
financing
promotion
product service management
distribution
Name that function: What the consumer pays based on expenses, consumer demand and profit margin.
financing
pricing
promotion
product service management
selling
Name that function: One on one contact to help customers make informed business decisions.
marketing information management
financing
selling
distribution
product service management
Name that function: Collecting surveys from college campuses on fashion likes and dislikes.
selling
promotion
product service management
distribution
marketing information management
Name that function: Ending amount charged with .99 to give the illusion of savings while still maintaining profit margins.
Marketing information management
Financing
Pricing
Promotion
Product service management
Name that function: Negotiating payment terms with textile companies to allow for more time to pay for the goods you purchase.
Financing
Pricing
Promotion
Product/service management
Distribution
Name that function: Using UPS or FedEx to deliver items ordered online to a customers residence.
Product Service Management
Distribution
Marketing information management
Selling
Promotion
Name that function: Improving the quality of your shoes based on customer feedback to improve sales and reputation.
Pricing
Promotion
Marketing information management
Product service management
Name that function: Sponsoring a local football team by purchasing a banner advertisement on the field to give back and boost your image in the community.
Pricing
Promotion
Product service management
Marketing information management
Selling
Name that function: Educating customers on the features and benefits on the newest cell phone.
Promotion
Pricing
Product service management
Marketing information managment
Selling
Name that function: Shipping products from China, to the east coast and arranging for a trucking company to deliver products to stores throughout the country.
Product service management
Marketing information management
Promotion
Selling
Distribution
Name that function: Evaluating sales data to eliminate products that are not selling well.
Product service management
Marketing information management
Distribution
Promotion
Selling
Name that function: Offering a 25% discount to drive sales during the busy holiday season.
Pricing
Promotion
Selling
Marketing information management
Name that function: Offering a payment plan to credit worthy customers to purchase a travel trailer.
Financing
Distribution
Selling
Promotion
Name that function: Placing a huge dancing gorilla with a sale sign on the street corner near your location.
Distribution
Selling
Promotion
Product service management
Marketing information management
Name that function: Charging more for highly sought after pair of shoes.
Pricing
Financing
Promotion
Selling
