WorksheetsChapter 6: Marketing for Entrepreneurs
Total questions: 25
Worksheet time: 13mins
The 4 P's of Marketing is also known as....
Marketing Concept
Marketing Mix
Marketing Strategy
Marketing Tools
A group of customers with shared attributes that you direct your marketing towards.
Product Placement
Market Segmentation
Target Market
Dividing your target market into groups such as demographic or geographic is known as...
Market Mix
Market Segmentation
Market Categories
Refers to a good or service that a company offers to customers. (Possibly the most important)
Product
Price
Place
Promotion
Refers to how a product will be delivered to customers and where they can find it.
Product
Promotion
Place
Price
Grouping people with similar lifestyles, as well as shared attitudes, values, and opinions
Demographic
Geographic
Psychographic
Behavioral
Which of the following are included in demographics? (choose all that apply)
Age
Gender
Personality
Occupation
Who is the target market for a nursing home?
Senior Citizens
Athletes
First Responders
Teenagers
What is an example of a brick-and-mortar business?
Food Trucks
Amazon
Ebay
Landscaping Services
B2B is...
Buyer to Buisness
Buisness to Buyer
Buisness to Buisness
Buyer to Buyer
Based on where people live
___________is based on the way a customer uses the product (shopping patterns, usage rate, benefits)
Segmenting a market based on customers' buying habits is an example of
demographic segmentation
psychographic segmentation
behavioral segmentation
geographic segmentation
4 P's of Marketing
Product, Potential, Public, Price
Public, Person, Promotion, Price
Product, Promotion, Place, Price
Product, Person, Potential, Price
B2C stands for...
Business-to-Business
Business-to-Consumer
Business-to-Collector
The amount of money requested or exchanged for a product. Should cover expenses and allow for a profit
Revenue
Price
Cost
Expenses
The process of communication with customers and potential customers to inform, persuade and remind about products, prices and where they can be purchased
Promotion
Advertising
Social Media
In order to have successful marketing, you must include which of the following (choose all that apply)
Product
Price
Place
Promotion
Emerging trends in deciding where to locate include (choose all that apply)
commercial kitchens
delivery-only business
pop-up stores
shared workspaces and incubators
Curbside pick-up, delivery, subscription-based services are all included in the ______ industry
service
automotive
product
food
Refers to the buying and selling of goods or services using the Internet and the transfer of money and data to execute these transactions
E-commerce
Internet purchasing
Price
Brick-and-mortar selling
Select the types of distribution channels (choose all that apply)
B2B
B2C
Producer to Consumer
Producer to Wholesaler to Consumer
An approach to sales that focus on providing a seamless customer experience whether the client is shopping online from a mobile device, a laptop, or in a brick-and-mortar store
Promotion
Omnichannel
E-commerce
distribution channels
Why is it important to build your brand and create a brand image? (choose all that apply)
Builds credibility and loyalty among potential customers
Keeps customers coming back
It's not important
Easily trusted and gives confidence to your customers
Match the concept with the correct answer
Organizing and defining the marketing goals of a company and gathering strategies and tactics to achieve them
Market Planning
Any technique or a set of practices that companies use to collect information to understand their target market better
Market Research
The existence in digital media through the different online search systems
Online Presence
The promotion of brands to connect with potential customers using the internet and other forms
Digital Marketing
