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WorksheetsMarketing Semester Review
Total questions: 52
Worksheet time: 26mins
Photos, Testimonials, and reviews are examples of...
customer surveys
social responsibility
user-generated content
employee representation
Outdoor signs, television commercials and social media posts are all examples of how this element of the 4 P's is shared as part of a marketing strategy.
promotion
place
positioning
packaging
Market demand, product availability, and perceived value are all identified as factors that affect the ____ element of the 4 P's of marketing?
Promotion
Price
Place
Positioning
This is a combination of elements that are part of a marketing strategy and refers specifically to the 4 P's of marketing.
marketing mix
product placement
brand management
selling plan
_____ is an overall and coordinated approach for connecting an audience with a product or service that will meet the audience's need
marketing
branding
positioning
promotion
This is the "what" that is being marketed.
product
promotion
price
packaging
True or False: Qualitative data represents the motivations or the why's behind much of the that can be counted with numbers
true
false
What is the act of gathering information relative to a company's actions and the factors that affect the space in which the company operates?
real time research
market research
data analysis
database marketing
True or False: A mistake that marketers could make is counting correlation as causation
true
false
Brand _____ is represented in how a consumer feels about a given brand.
awareness
perception
analysis
correlation
True or False: Companies who properly identify and market to their target audience will increase their annual profit growth by 200 percent.
true
false
Which of the following terms are approaches used in market segmentation?
funnel and widespread
concentration and multi-segment
dual and singular
analytic and predictive
These are various characteristics used to identify individuals and often applied in grouping people in determined categories
demographics
qualitative data
quantitative data
respondents
True or False: You can use the same marketing mix for all market segments
true
false
Which of the following is NOT true of the concentration method
lower marketing costs
higher ROI potential
good for new businesses
higher potential for growth
Which of the following is NOT true of the multi-segment method
requires more time to identify segments
higher sales and profit potential
its cheaper to implement
requires multiple marketing mixes
True or False: Psychographic segmentation takes data like geography and demographics and then includes even more purchasing factors, like values, lifestyle, social class, individual personalities, etc.
true
false
When selecting your target market, you must consider the following factors 1) How you can measure success, 2) What access you have to the market, 3) If you can maintain your marketing efforts, 4)______
where your market fits in the buying process
what your customers' preferences are
where yor market is located
why your market wants the product
Which of the following is not one of the seven major types of market segmentation
purchasing patterns
generational
demographic & benefits
psychographics
all are correct
True or False: The buyer and the decisions maker are always the same person
true
false
A positioning statement _____
Is a plan to accomplish positioing goals
expresses a brand's positioning approach
establishes groups into which similar types of brands/ products are thought of
presents an audience's perception of a given brand/ product
True or False: Display packaging is packaging used to present a product to potential customers
true
false
What is difference between a positioning statement and a mission statement
a positioning statement, it is recommended, should be understood but not written down, while a mission statement should be understood and written
a mission statement is internal wording seen by employees; a positioning statement is external wording seen by employees and the public
a positioning statement presents how the company wants to be seen; a mission statement presents what the company strives to accomplish
a mission statement presents how the company wants to be seen; a positioning statement presents what the company strives to accomplish
True or False: A brand tells particular kinds of stories in particular kinds of ways
True
False
True or False: Name Brands are essentially those brands for which the products are sold by the manufacturer and, therefor, the brand remains consistent nationally
true
false
True or False: Positioning involves how a brand wants to be perceived
true
false
True or False: The groups into which similar types of brands/products are thought of are brand/product categories
true
false
Target's Market Pantry is am example of which of the following brand types?
name brand
private label brand
generic
True or False: The way consumers actually perceive a brand is referred to as brand image
true
false
True or False: The categorical view organizes touchpoints based upon when they occur
true
false
This occurs as a company uses an existing brand name to introduce products ina different category
Line Extension
Brand Licensing
Brand Extension
Multi-Branding
True or False: Sending emails is an outdated and relatively unused practice when it comes to launching a product
true
false
True or False: Growth is the third of the four product life cycles
true
false
True or False: According to the chapter, corporate brands are also known as store brands or regional brands
true
false
_____ occurs when two companies are jointly involved in the manufacturing and marketing of a product
Multi-branding
Brand Licensing
Value Proposition
Co-Branding
According to the chapter, what wording refers to holes created for improved or unique product offerings to fulfill customer needs that products currently available do not meet
Openings in a product category
Gaps in consumer decisions
Opportunities for benefit promotion
Spaces for attribution consideration
Word of Mouth is ______
Communication within a company
Communication by consumers
A negotiation approach
The verbal description of a promotion
True or False: Attributes are key to consumers finding products through online searches
True
False
According to the chapter, it is, in the long run, the ____ that consumers gain because of products that really form solid connections between those products and consumers
Segmentation
Attributes
Benefits
Opinions
Messaging for which company has control and distributes on its channels of communications is ____ _____
Owned Media
Earned Media
Paid Media
Direct Media
True or False: Customer appreciation is an example of sales promotion
True
False
Direct Mail, Digital Media, and logos are examples of ____ _____
Sales Promotion
Public Relations
Communication Channels
Out-of-Home Marketing
True or False: Promotion is one of the 4 P's
True
False
According to Colling Media, "_____ allows your message to be delivered to a targeted and captive audience at a cost that is much lower than most advertising mediums."
Out-of-Home
Radio
VNR
An example of this type of promotional messaging is an announcement on a local radio station about the opening of a new store location
Informational
Influencer endorsement
Out-of-home
Customer Appreciation
True or False: Promotion is rooted in connecting to your target audience- knowing where to find them and what messaging will resonate with their situations
True
False
True or False: Social media marketing allows you to target your ads to specific customers, based on elements such as age, gender, interests, and more.
True
False
True or False: Social media marketing is designed to show up on viewers' feeds whenever they go online
True
False
While they may take more effort to create _____ ______ generally drive more engagement than do other ad types.
Photo Ads
Collection Ads
Video Ads
Lead Ads
True or False: OOH marketing refers to newspapers, magazines, flyers, and brochures
True
False
True or False: Slideshow ads are probably the easiest ads to create and highlight a group of products using a large visual and 3-4 items below the main visual.
True
False
______ provides the widest variety of ad types
Youtube
Snapchat
