Mktg 1.04 Review Questions.

Slides:



Advertisements
Similar presentations
Chapter 12 Marketing and Customer Satisfaction Business Today.
Advertisements

1.00 PowerPoint By: Ryan Cole – 1.04 Naomi Kuehne – 1.01
Marketing I
Module 3 Market segmentation Dr. Mohamed Zamil AL-Akhtaby.
MARKETING 1.02 Practice Questions.
The Four Ps of Marketing
Jeopardy- Unit 1 Random 1Random 2Random 3Random 4 Random 5 Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy.
Fashion Merchandising A
Understanding the Marketing Mix and Marketing Plan.
 Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications.
Marketing Mix & Target Markets Marketing Careers & Ethics
THE 4 PS OF MARKETING BDP301. THE MARKETING MIX Every marketing plan needs a target market and a good mixture of marketing elements. The right mixture.
Tuck School of Business
MANAGING BRANDS OVER MARKET SEGMENTS
Kotler / Armstrong 11e, Chapter 2 This type of business plan involves adapting the firm to take advantage of opportunities in its constantly changing environment.
Unit 1.01 Questions and Answers
Marketing Essentials Section 1&2 Marketing Concept Market Segmentation
Company and Marketing Strategy Chapter: 2. Developing an integrated marketing mix Marketing Mix The set of controllable tactical marketing tools- Product,
1.  Market orientation as philosophy  Market segmentation  Targeting market  Positioning  Marketing mix 2.
Basic Marketing Concepts
Differentiation, Segmentation, and Target Marketing Geographic (p 130) Geographic Demographic Psychographic Behavioral Benefits I live in Kanata!
$1 Marketing Terms Marketing True or False Marketing Fill in the Blanks Marketing Explain / Examples Marketing Misc. $10 $20 $50 $100.
Chapter 11: Marketing. Marketing  Process for creating, communicating, delivering offerings that have value for customer.
© 2011 South-Western | Cengage Learning Global Marketing and Consumer Behavior Marketing Around the World The Marketing Mix and the Marketing.
© SOUTH-WESTERN THOMSONINTERNATIONAL BUSINESS LESSON16-1 GOALS  Describe the nature of markets.  Identify trends that influence global marketing opportunities.
1.00 PowerPoint. Unit 1.01 Questions and Answers.
1.00 PowerPoint Edited by: Mason Pittman. Unit 1.01 Questions and Answers.
Marketing Terms Marketing Plan Product Mix Marketing Objectives Channel of Distribution Marketing Mix Intermediaries Brand Package Label Product Positioning.
Marketing Mix Four P’s Product Placement (Distribution) Price Promotion.
Created by Terri Street Copyright, 2000  1,000,0001,000,000  500,000500,000  250,000250,000  125,000125,000  64,00064,000  32,00032,000  16,00016,000.
A Marketing Review Marketing Co-op. Marketing O The process of planning pricing, promoting, selling, and distributing products to satisfy customers’ needs.
Basic Marketing Concepts Std. 3. Marketing Concept The idea that you must satisfy a customers’ needs and wants in order to make a profit. Businesses must.
Chapter 2 Basic Marketing Concepts1 Marketing Essentials Chaper 2: The Marketing Concept.
Sunrise Deli Food Truck
Elements of a Marketing Plan situational analysis including SWOT and product life cycle establishing market objectives identifying target market developing.
Marketing Plans Business Plan Demographics Price Market Segmentation SWOT Goals / Objectives Market Marketing Mix / 4Ps Target Market Product Geographics.
1 Marketing Image Fx An Introduction to Marketing Exclusively At.
Marketing Concept Satisfy customer’s needs and wants Do it better than the competition.
Market Segmentation and Target Marketing. Marketers rarely go after the entire market with one product, brand, or service. Why?
BUSINESS 1 Understanding Marketing Processes and Consumer Behavior.
Lesson 2 – Market Segmentation and Marketing Mix.
Target Market - Review What is a market? ◦ People who share similar needs and wants and have the ability to purchase a given product are a market What.
Marketing September 16, Notes - Marketing Mix Marketing Mix Activity.
Marketing II Chapter 6: Customer-Driven Marketing Strategy: Creating Value for Target Customers.
Standard 2 Fashion Marketing. Student will understand the basics of fashion marketing. Objective 1: Define Marketing Terms Objective 2: Describe the 4.
Marketing Foundations What is Marketing? What is the goal of Marketing?
Basic Marketing Concepts The marketing concept states that to make a profit, a business must focus all of its efforts on satisfying the needs and wants.
SECTION 2.1 THE MARKETING CONCEPT Chapter 2: Basic Marketing Concepts.
MARKETING MARKETING ENT 12.
Which Market Segmentation!
Explain the concept of marketing strategies. 5-11
Basic Marketing Concepts
CHAPTER 2: BASIC MARKETING CONCEPTS
Chapter 2: Basic Marketing Concepts
Eagle Challenge Learning Target: Describe market segmentation methods used to identify target market How to protect intellectual property. Standard OE3.
Welcome to Who Wants to be a Millionaire?
Are you ready to play How Much Do I Remember?
SEGMENTATION, TARGETING AND POSITIONING
Segmentation Targeting and Positioning
إدارة التسويق.
Understanding the Marketing Mix and Marketing Plan
Chapter 4 Research Find articles on the following related to business:
Eagle Challenge.
Chapter 4 Marketing Basics.
Basic Marketing Concepts
MARKETING FOUR STEPS SEGMENTATION MARKET RESEARCH IT MARKETING
Marketing Ch 16 is the process of identifying and anticipating consumer needs, and then producing products or services to satisfy these needs - at a profit.
CHAPTER 7 CUSTOMER DRIVEN MARKETING STRATEGY
SEGMENTATION, TARGETING AND POSITIONING
Presentation transcript:

Mktg 1.04 Review Questions

To promote its summer menu, Danielle's Cafe plans to e-mail a $5 To promote its summer menu, Danielle's Cafe plans to e-mail a $5.00-off coupon to its regular customers next Tuesday. The coupon will be valid from June 1 through June 15. What does use of the coupon represent? A. Tactic B. Strategy C. Goal D. Trend

Which market segment do customers that prefer reasonably priced recreational activities that include a variety represent? A. Geographic B. Psychographic C. Behavioral D. Occupational

Dennis has a great idea for a new type of tennis ball that, if produced, would be better than any ball currently on the market. He pitches his idea to a few investors. Which of the four Ps should these investors consider first? A. Product B. Price C. Promotion D. Place

Which market segment do customers in cold climates who need snow shovels and snow blowers represent? A. Geographic B. Psychographic C. Behavioral D. Occupational

Manny has a new idea for a new cleanser that would decrease the time in cleaning tiled floors. He thinks this product would be better than any cleanser currently on the market. Which of the four Ps should these investors consider first? A. Product B. Price C. Promotion D. Place

A business determines that it can increase its market share 12 percent by promoting its goods and services to Hispanic females who are 18 to 34 years old. How is the business segmenting the market? A. By geographics B. By psychographics C. By demographics D. By behavior

Highway 1 Restaurant allows customers the opportunity to enter drawings in order to win a birthday cake. Customers register by providing their contact information on a card. What does entering the drawings represent? A. Tactic B. Strategy C. Goal D. Trend

What is the overall reason that marketing strategies are designed and implemented? A. Improving management techniques B. Achieving planned goals C. Changing the image of the business D. Increasing business profits immediately