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WorksheetsMARK101
Total questions: 10
Worksheet time: 4mins
“Impossible Is Nothing” is the tagline for which shoe brand?
Which of the following is one of the reasons customer-engagement marketing has become more meaningful to organisations and consumers?
It is easier to practice sustainability
Customer life-time value is increased
Consumers have more information
Rapid globalisation
Effective positioning begins with [BLANK] the company’s marketing offers in order to give consumers more perceived value.
placing
differentiating
pricing
promoting
The cost of attracting new customers is thought to be ________ than the cost of retaining existing customers.
2 times higher
5 times higher
10 times higher
20 times higher
You are an assistant marketing manager for a firm in a market with many low-margin customers. What type of relationship would it be most profitable for you to develop with these customers?
basic relationships
selective relationships
community relationships
club programs
Focus group interviewing has become one of the major marketing research tools for gaining insight into consumer thoughts and feelings. However, if the sample size is small, a researcher would be most concerned about which of the following?
orchestrating cooperation among participants
finding a representative sample
administering the questions
generalising from the results
Which of the following best describes the process of collecting and analysing data from all channels in the physical and digital arenas?
Marketing analytics
Big data
Netnographics
Ethnographics
The reference group’s influence is likely to be greatest when the product is:
visually conspicuous
expensive
an innovative product
widely purchased
In general, a company should enter only segments in which it can [BLANK].
gain advantages over competitors
offer lower prices
offer superior customer value
identify behaviours
In consumer segmentation, many marketers believe that [BLANK] and [BLANK] provide the best basis for segmenting business markets.
geographic; demographic segmentation
buying behaviour; benefits
user status; user loyalty
income; usage rate
