WorksheetsMarketing Quiz
Total questions: 10
Worksheet time: 6mins
What is the purpose of advertising in marketing?
To buy products from the market
To sell your product to a distribution channel
To tell people about your amazing product
To conduct market research
Who is considered a buyer in marketing terms?
A person who sells products
A person who markets the product
A person who buys your product
A person who does market research
What does competitive advantage refer to?
The price of your product compared to others
What makes you different from your competitors
The person who buys your product
The way you advertise your product
What is a distribution channel?
The price at which a product is sold
The location where a product is manufactured
The method of conducting market research
The way the product is sold
Which of the following is NOT one of the four P's of marketing mix?
Price
Promotion
Place
Performance
What is the most important part of the business according to the marketing mix?
Price
Product
Promotion
Place
What is market research?
Deciding where to sell your product
Finding the best price for your product
Understanding what your customers want
Choosing the best advertising method
The distribution channel is the way the product is
(a)
Who are the people in your target market?
The people who sell your product
The people who are in the distribution channel
The people who will most likely buy your product
The people who help you with market research
What does 'value' refer to in marketing?
The cost of production for an item
The profit margin on an item
How important the item is to customers
The price at which an item is sold
