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WorksheetsPoBMF - Ch 10 Marketing Review
Total questions: 58
Worksheet time: 25mins
Any goods and services a business sells
advertising
product
market segment
profit
item you can touch, such as donuts
sales promotions
advertising
market research
good
Activity that is done for another person, ex. house cleaning
service
sales
public relations
marketing plan
Type of promotion, company rep speaks directly with customer
competitor
four Ps of marketing
sales
brand identity
Promotional message about a product paid for by an identified sponsor
product
market segmentation
suggestive selling
advertising
_____ consists of dynamic activities that identify, anticipate, and satisfy customer demand while making a profit.
Business
Marketing
Management
Economics
The four Ps of marketing are product, price, place, and _____.
purchasing
people
perception
promotion
The _____ is a specific group of customers whose needs a company will focus on satisfying.
buying market
purchasing market
target market
goal market
A _____ is a document describing business and marketing objectives and the strategies and tactics to achieve them.
marketing plan
business plan
business report
sales analysis
Segmenting a market based on where customers live is _____ segmentation.
place
location
geographic
target
_____ selling focuses on building long-term relationships with customers.
Customer
Target
Consumer
Relationship
Influence that comes from the society in which a person lives is called _____.
business influence
social influence
mass marketing
marketing
A(n) _____ buying decision is when a consumer purchase is made with no planning or research.
routine
limited
impulse
ordinary
The three levels of buying decisions for businesses are new purchase, repeat purchase, and _____ purchase.
situational
limited
modified
automatic
Many businesses use _____ to gather, store, and use customer date for marketing.
database marketing
B2C
influence
segmentation
_____ includes the activities involved in getting goods and services to customers.
logistics
place
mass marketing
shipping
Strategy for using the elements of product, price, place, and promotion.
marketing
mass marketing
marketing concept
marketing mix
Detailed description of the typical consumer in a market segment.
customer biography
customer identification
customer profile
customer driver's license
Process of communicating with potential customers in an effort to influence their buying behavior.
promotion
pricing
product
place
Motivator or change factor from those outside the company.
internal influence
personal influence
external influence
family influence
Dividing the market of potential customers by their personal statistics.
behavioral segmentation
social segmentation
situational segmentation
demographic segmentation
Influence that makes each individual unique.
external influence
personal influence
internal influence
situational influence
B2C purchase made quickly and with little thought.
extensive buying decision
routine buying decision
modified buying decision
automatic buying decision
Amount of money requested or exchanged for a product.
place
product
promotion
price
_____ segmentation divides the market by certain preferences of lifestyle choices.
behavioral segmentation
market segmentation
psychographic segmentation
geographic segmentation
The function of marketing that handles activities involved in getting products through the different routes from the producers to the customers is _____.
market planning
Marketing-information management
product/service management
channel management
The function of marketing that includes decisions about advertising, personal selling, customer service, publicity, promotional events, and store design and layout is _____.
Selling
promotion
advertising
construction
The _____ includes national, state, and local government offices and agencies.
government
college
fbi
mayor's office
The _____ is the strategy for using the elements of product, price, place, and promotion.
marketing strategy
market segmentation
marketing plan
marketing mix
Type of communication where message is conveyed through mass media.
loyalty program
market segments
non-personal communication
revenue management software
One promotional advertising message broadcast on tv or radio
communication
competitor
public relations
commercial
Suggestive selling and group sales is a type of
personal selling
market campaign
brand
target market
Recommending additional products or services to customer while customer is buying something else
publicity
suggestive selling
commercial
billboard
Article written by a company for use in newspaper, on radio, website or TV news.
sales promotion
press release
product
marketing research
The name, logo, tone, tagline, typeface, and shape that create an appeal for a business
sales
loyalty program
publicity
brand identity
Successful organizations learn the preferences and behaviors of key customer segments through this process
market research
market segmentations
choosing only one target market
setting a price everyone can afford
Type of promotion that encourages a consumer to be a repeat buyer of a product, service or brand.
trending concept
a name brand or logo
A reader board
loyalty program
A series of media releases, conferences, social images, etc., that make up and maintain the reputation of an organization and its brands.
public relations
press release
supporting charitable causes
reviews from customers
Knowing your costs, profit goals and competitors’ prices.
helps you to set the right price for your product.
depends on your targeted market
is key in planning your decor
useful way to segment a market
What does it mean to be self-sufficient?
being able to do things by ones self
capable of doing it alone
I have no clue
not relying on others for the things you need to survive
An example of an impulse buying decision:
Small appliances
Large Electronic devices
Toothpaste
Candy near the checkout
An example of a extensive buying decision
A 50" TV
Toothpaste
A toaster
Magazine at the checkout
