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WorksheetsIMC Group 1
Total questions: 20
Worksheet time: 10mins
Collecting and utilizing customer data for the purposes of enhancing interactions with customers and developing customer loyalty.
Database Marketing
Sales Promotion
Personal Selling
Direct Response Marketing
Holds all customer data.
Customer Information
Customer history
Database Warehouse
Database
The goal of this process is to be able to personalize marketing messages to customers based on the data collected.
Database Coding & Analysis
Building a data warehouse
Data Mining
Data Driven Communications
RFM means _
Recency, Frequency, Monetary
Retention, Frequency, Monetary
Recency, Frequency, Money
None of the above
The cumulative monetary expenditures made during that time period
Lifetime Value
Data Mining
Monetary
Customer Information
It is a strategized process of managing the release and spread of organization-related information to the public to maintain a favorable reputation of the organization and its brands.
Sponsorship
Public Relations
Sales Promotion
Personal Selling
This refers to the relationships that an organization builds with journalists and other media professionals to spread important information regarding the organization’s policies, plans, and practices to the target audience.
Government Relations
Investor Relations
Community Relations
Media Relations
All of the following are advantages of public relations except for:
Credibility
Marketing Communication
Cost Effectiveness
Better Communication
This type of public relations deals with communications regarding regulatory and legislative issues and engaging with policymakers for lobbying efforts.
Community Relations
Government Relations
Customer Relations
Internal Relations
A type of public relations that has a complex set of methods and tools deployed by a company to communicate either directly or indirectly to the customers.
Community Relations
Investor Relations
Marketing Communications
Customer Relations
A sales promotion is a marketing strategy in which a business uses a permanent campaign or offer to increase interest or demand in its product or service.
TRUE
FALSE
Product bundles offer a collection of products for an overall discounted rate, as opposed to buying the products individually.
TRUE
FALSE
A sales discount, also commonly known as just a ‘discount’ provides customers of a business with a reduced rate on one or more of the products or services being offered.
TRUE
FALSE
A discount cannot be a great way to encourage customers to purchase.
TRUE
FALSE
Donations are an excellent way for a company to build credibility and goodwill within the customer base.
TRUE
FALSE
Designed to generate an immediate response from consumers, where each consumer response (and purchase) can be measured, and attributed to individual advertisements.
Pre-approach
Direct response marketing
Personal selling
Approach
This stage involves the collecting of as much relevant information as possible prior to the sales presentation.
Pre-approach
Approach
Calling
Presentation
The process where the salesperson meets and greets the buyer and gets the relationship off to a good start and involves the salesperson's.
Personal selling
Pre-approach
Presentation
Approach
When the salesperson tells the product story to the buyer, presenting customer benefits and showing how the product solves the customer's problems.
Presentation
Approach
Follow up
Handling objection
Is the process where salespeople resolve problems that are logical, psychological, or unspoken.
Presentation
Personal selling
Handling objection
Follow up
