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WorksheetsMIDTERM Exam - Market Segmentation- BSHM 3A
Total questions: 45
Worksheet time: 15mins
The money value of a product or service expressed in terms of peso.
price
product
promotion
place
A reduction in price given to a certain classes of buyers.
trade discount
cash discount
quantity discount
datings
It involves upselling, cross-selling and analysis of profit margins and sales volume for each product-line.
revenue management
psychological pricing
promotional pricing
value-pricing
Also known as functional discounts.
trade discount
cash discounts
datings
quantity discounts
This refer to the length of time from which sellers extend credit terms to buyers.
trade discounts
cash discounts
datings
quantity discounts
These are independent business concern that operate as link between producers and end users.
middlemen
wholesalers
retailers
brokers
A person whose business is buying a large quantities of goods and selling them in smaller amounts.
middlemen
wholesalers
retailers
brokers
A person or business that sells goods to the public in relatively small quantities for use of consumption.
middlemen
wholesalers
retailers
brokers
A wholesaler who does not take title to the goods they handle.
middlemen
wholesalers
retailers
brokers
A person that makes goods to sell.
manufacturer
consumers
retailers
wholesalers
It is the process of dividing a market into distinct groups of buyers who might require separate products and/or marketing mixes.
market segmentation
market targeting
positioning
market
It is the of evaluating each segment's attractiveness and selecting one or more of the market segments.
market segmentation
market targeting
positioning
market
It is the set of all actual and potential buyers of the product.
market segmentation
market targeting
positioning
market
It is the process of developing competitive positioning for the product and an appropriate marketing mix.
market segmentation
market targeting
positioning
market
It is anything that can be offered to a market for attention, acquisition or consumption to satisfy a need or want.
product
price
place
promotion
It answers the question of what the buyer is really buying.
core product
facilitating products
supporting products
augmented products.
These are extra products offered to add value to the core product and to help differentiate it from the competition.
core product
facilitating products
supporting products
augmented products
These are services or goods that must be present for the guest to use the core product.
core product
facilitating product
supporting products
augmented products
This refers to how accessible the product is in terms of location and hours.
atmosphere
accessibility
coproduction
customers
it is something which can be vocalized or spoken.
brand
brandname
brandmark
tradename
A non-registered design, symbol or product logo.
brand
brandname
brandmark
tradename
A registered company name.
brand
brandname
brandmark
tradename
The set of all brands and brand particular category or market segment.
brand portfolios
branding positioning
brand equity
brand
The ideas are gained from internal sources, customers, competitors, distributors and suppliers.
idea generation
idea screening
business analysis
product development
This involves review of sales, costs and profit projections.
idea generation
idea screening
product development
business analysis
It is the stage in which the product and marketing program are introduced into more realistic market settings.
market testing
product development
commercialization
idea generation
The product is brought into the market place.
market testing
commercialization
product development
idea generation
This begins when a company finds and develops a new product idea.
introduction
product development
growth
maturity
It is a period of slow sales growth as the product is being introduced into the market.
introduction
product development
growth
maturity
It is a period of rapid market acceptance and increasing profits.
introduction
product development
growth
maturity
The slowdown in sales growth because the product has achieved acceptance by most of its potential buyers.
introduction
product development
growth
maturity
Sales decline because of distribution saturation
growth maturity
stable maturity
decaying maturity
maturity
Sales become level-off or break even because of market saturation
growth maturity
stable maturity
decaying maturity
maturity
Sales continue to decline; customers shift to other brands
growth maturity
stable maturity
decaying maturity
maturity
Costs that do not vary with the production or sales level.
fixed cost
variable cost
cost
price
Costs that vary directly with the level of production.
fixed cost
variable cost
cost
price
This is also known as "target profit pricing".
break-even pricing
value-based pricing
cost-based pricing
competitive -based pricing
Price reduction offered to encourage to buy on large amount.
quantity discount
trade discount
cash discount
datings
Gathering and distributing marketing research and intelligence information about the marketing environment.
information
promotion
contact
matching
Finding and communicating with prospective buyers.
information
promotion
contact
matching
Shaping and fitting the offer to the buyer's needs, including such activities as manufacturing, grading....
information
promotion
matching
contact
It is a supply chain strategy that delivers products directly from producer to consumer without intermediaries.
indirect channel
direct channel
channel distribution
hospitality distribution channel
It means selling wholesale agents or retailers so that they can distribute the product to you.
direct channel
indirect channel
channel of distribution
hospitality distribution channel
A booking made directly with the supplier of the tour or activity.
direct booking
travel agents
tour wholesalers
online travel
A private retailer or public service that provides travel and tourism-related service to general public on behalf or accommodation or travel agents.
direct booking
online travel
travel agents
tour wholesalers
