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WorksheetsMARKETING(MIDTERM)
Total questions: 61
Worksheet time: 46mins
it is the process of building and maintaining profitable customer relationships by delivering superior customer value and satisfaction thus ensuring brand loyalty.
Relationship Marketing
Contemporary marketing
proactive marketing
reactive marketing
it is founded on excellent customer services
Customer satisfaction
customer service
customer loyalty
customer value
list down the levels of relationship marketing
small letters
this is also called direct sales and is the most basic level of interaction between the company and the customer
Proactive marketing
Reactive marketing
Partnership marketing
Basic marketing
the transaction moves to a higher level because the salesperson tells the customer that he or she can be contacted to answer any inquiry about the product or service
Basic marketing
Reactive marketing
Proactive marketing
Accountable marketing
in this level the salesperson voluntarily contact the customer to ensure that the product is in perfect condition and ask if it meet the latter's expectations
Basic marketing
Reactive marketing
Accountable marketing
Proactive marketing
the company works closely with a group of regular customers who provide constructive feedback for the improvement of the product or service this group also helps in the development of new products or services
Basic marketing
Reactive marketing
Accountable marketing
Proactive marketing
in this level the company has already built a loyal group of customers who can help in improving its performance and offerings
Partnership marketing
proactive marketing
accountable marketing
reactive marketing
it is when a salesperson takes charge of selling the products or services to consumers
Basic marketing
Reactive marketing
Accountable marketing
Proactive marketing
in this level the salesperson encourages the customer to provide suggestions on how to improve the product or services
Basic marketing
Reactive marketing
Accountable marketing
Proactive marketing
is defined as the satisfaction derived from the what a customer may experience or expect to experience by choosing a particular action relative to the cost of that action
Customer Service
Customer value
Customer loyalty
Customer Satisfaction
refers to anything that can be given up to receive the desired product or service which can be in the form of money time knowledge data or others
profit
cost
gain
losses
8 functions that encompasses by the customer value
what are the levels of customer value
these levels include the basic requirements of conducting a business
Basic and expected levels
Desired customer value
Unanticipated customer value
this involves what the customers want from the purchase or service experience this is the first opportunity for a business to get ahead of the competition
Basic and expected levels
Desired customer value
Unanticipated customer value
it pertains to an unexpected purchase or service experience that may go beyond what the customers desire
Basic and expected levels
Desired customer value
Unanticipated customer value
list down the types of customers
these are customers whose needs do not fit the company's offerings the company does not need to invest and exert effort to win them
True friends
Strangers
freeloaders
Butterflies
these customers are not loyal to a specific brand because they keep on looking for the best deals which may lead to patronizing other brands the company can enjoy profits from this customers only for a short period
true friends
strangers
freeloaders
butterflies
these customers have needs that match the company's offerings they make repeat purchases and patronize the brand so long as it satisfies their needs a company must invest and these customers and strengthen its relationship with them
true friends
strangers
freeloaders
butterflies
these are customers are loyal but not profitable because of the limited fit between their needs and the company's offerings
true friends
strangers
freeloaders
butterflies
list the relationship development strategies
it is important to always get in touch with customers through email and social networking sites to sustain brand recall also they should be provided with various means to give immediate feedback so companies can promptly respond to them
communicate with customers frequently and effectively
offer customer rewards
conduct special events and provide sponsorships
utilize languages to reach a wider customer base
it is a relationship development strategies were customer loyalty program which includes special discounts perks and freebies may work well to various types of products and services this encourage customers to remain loyal to the brand because they are rewarded for their patronage
communicate with customers frequently and effectively
offer customer rewards
conduct special events and provide sponsorships
enhance customer service
this is a relationship development strategies where companies can hold or sponsor parties concerts contest and the light to boost interaction among loyal customers and company representatives
communicate with customer frequently and effectively
offer customer reward
conduct special events and provide sponsorships
utilize language as to reach a wider customer base
this is a relationship development strategies where some companies outsource their customer service to third-party organizations to cater to complaints and inquiries promote the latest offerings and provide technical support
communicate with customers frequently and effectively
offer customer rewards
conduct special events and provide sponsorships
enhance customer service
these are relationship development strategies where marketers can create emotional materials in different languages to cater specific regions. consumer can also now choose the language they would like to use to communicate with customer service representatives
communicate with customers frequently and effectively
offer customer rewards
conduct special events and provide sponsorship
utilize languages to reach a wide customer base
it also help businesses to communicate with their clientele more easily as most consumers regularly checked there inboxes
email and sms
social networking sites
live chat support
mobile application
aside from their primary function of connecting people have become a channel for netizens to ask for customer support globe telecom promptly respond to enquiries and complaints and facebook and twitter and redirects the customer to the site private messaging system for further assistance
email and sms
social networking sites
live chat support
mobile application
it facilitates real-time correspondence between the customer and a company representative real estate developer , and payment service provider dragonpay are some of the companies that employed this tool
email and sms
social networking sites
live chat support
mobile application
this increases their visibility and provides value to their customers
email and sms
social networking sites
live chat support
mobile application
consist of several service industries which include food and beverage service tourism and hotel
hospitality industry
accommodation
hotel
concierge
includes public houses, resorts, inns, campgrounds, hotels, hostels, serviced apartments, and similar establishments
hotel
accommodation
concierge
itinerary
is an establishment that renders lodging in exchange for payment
hotel
concierge
accommodation
itinerary
is a hotel employee who assist guests in making reservations for restaurants arranging tours and booking transportation
hotel
concierge
accommodation
itinerary
is a plant route and schedule of activities
hotel
concierge
itinerary
accommodation
is a machine generated code which provides information when scanned by the camera of a smartphone
hotel
concierge
app or mobile application
quick response (QR) code
is a program which can be downloaded to a mobile device
hotel
concierge
QR code
app or mobile application
A service does not have a physical manifestation that can be seen touch and describe quantitatively. For customers to remember and rate the quality of the service they must experience it.
Intangible
Inseparable
Perishable
Homogeneous
a service involves hamilton use production and consumption so there is outright feedback.
Intangible
Inseparable
perishable
homogeneous
because they are intangible rendered services cannot be stored or returned
Intangible
Inseparable
Perishable
Homogeneous
the service in itself is the same but the way it is provided may differ from time to time
Intangible
Inseparable
Perishable
Homogeneous
list all the characteristics of service
(a)
there are services that only supplement the main product the goal of the market area is to create a bundle of supplementary services that increases the value of the main product
Product and its elements
Time and place
process
Quality services or productivity
the channel of distribution is crucial and service delivery. The service should be rendered on time and in an appropriate the new or location
product and its elements
time and place
process
quality service or productivity
This is the method of service delivery. Marketers should be able to make the process of availing and receiving your service convenient for the customers.
product and its elements
time and place
process
quality service or productivity
the kind and quality of service provided to a customer cannot be separated from how the services rendered the quality of a service is seen in how a service satisfies and meets the needs wants and expectations of the customers
product and its elements
time and place
process
quality service or productivity
the ultimate proof of service quality manifest in the people who provide the service to the customers. They must be skilled, knowledgeable, friendly, accommodating, and customer-oriented
quality service or productivity
people or service provider
promotion
Physical evidence
companies must use various means to inform the public about the service to reach a wider customer base. This may be through word-of-mouth and advertisements
quality service or productivity
people or service provider
promotion
physical evidence
while a service is an inherently tangible there should still be visible cues that will indicate its quality
quality service or productivity
people or service provider
promotion
physical evidence
it is a component of service marketing where the service depends on its perceived quality
product and its elements
price
promotion
physical evidence
list all the components of service marketing
(a)
is defined as the general plan of action aligned with the company's vision and goals
Strategic Marketing
Service Marketing
Tactical Marketing
Relationship Marketing
it expresses the goals of the organization that are achieved through marketing efforts
Strategic Marketing
Service Marketing
Tactical Marketing
Relationship Marketing
it is the thinking process that outlines the course of action towards the achievement of goal
Strategic Marketing
Service Marketing
Tactical Marketing
Relationship Marketing
it is to lead the firm towards attractive economic opportunities that is opportunities that are adapted to its resources and know how and offer a potential for growth and profitability
Strategic Marketing
Service Marketing
Tactical Marketing
Relationship Marketing
refers to the actions of a company undertakes in order to execute an organization strategy
Strategic Marketing
Service Marketing
Tactical Marketing
Relationship Marketing
it is a marketing plan which you list down the steps in delivering each tactic a note important details such as time frame suppliers requirements issues and persons in charge
(a)
this is a step in marketing plan in which you get quotations for all elements of the proposed tactics and make a detailed budget plan make sure that the budget can supported actives because marketing costs can increase quickly also assign a person to monitor the budget to out the marketing campaign
(a)
it is a step in marketing plan in which you outline how to evaluate the effectiveness of the tactics by setting goals and benchmarks
(a)
