Principles Of Marketing
17th Edition
ISBN: 9780134492513
Author: Kotler, Philip, Armstrong, Gary (gary M.)
Publisher: Pearson Higher Education,
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The best search process for any buying decisions depends on the tradeoff between
(a) the price and quantity of the product (b) the style and durability of the product (c) the expected benefits and costs of the search (d) the value and the price of the product
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- certainly used to estimate sales and demand, it involves predicting a much broader set of issues. O a. Personal selling and salesmanship O b. Sales forecasting c. Salesforce Management d. Selling and buying function isarrow_forwardWhich of the following is NOT true about marketing research? It’s one of the core disciplines (functions) within the field of marketing The bigger the marketing expenditure or risk, the more important it is to get good data to justify a course of action Even if you personally don’t do marketing research in your career, you are likely to use it or to buy it The bigger the business, the more likely it is to do marketing research, and the more frequently it will do marketing research All of the above are true about marketing researcharrow_forwardCREATING SALES FORCE EVALUATIONarrow_forward
- All of the following are strategies a marketer would use to lead consumers into making the final step toward a purchase EXCEPT which one? a. offer rebates b. offer special promotional prices c. use extensive "teaser" advertising d. offer premiums e. offer add-on featuresarrow_forwardCompared to a consumer who is purchasing the brand for the first time, a consumer who regularly purchases the same brand of chewing gum is especially likely to skip the stage of the buying decision process when making this purchase. O evaluation of alternatives O need recognition O trial O purchase decision O awarenessarrow_forwardTyped and correct answer please. I ll rate The first step in the marketing process is ________. capturing value from customers to create profits and customer equity constructing an integrated marketing program that delivers superior value building profitable relationships and creating customer delight understanding the marketplace and customer needs and wants designing a customer-driven marketing strategyarrow_forward
- Which of the following is a method for estimating a company's potential sales by identifying prospective customers it is not serving adequately? A) Gap analysis B) Market analysis C) Market projection D) Independent analysis E) Product displacementarrow_forwardWhich of the following is an experiential information source for consumer information search? Taking test drive at a car dealer Watching TV ads about a car brand Talking to friends who own a car brand Reading online reviews about a car brandarrow_forwardYou receive a report that says the 34% of your target market had been exposed to your ad campaign during a given period of time. This is an example of __________.arrow_forward
- describes activities whereby the company pays search engine companies to be 10) featured in the results of particular keyword searches that serve as a proxy for the consumer's product or consumption interests. A) Search engine marketing (SEM) B) Search marketing C) Search engine optimization (SEO) D) Paid search E) Search targeting 11) Transportation companies, independent warehouses, banks, and advertising agencies assist in the distribution process but don't take title to goods or negotiate purchases or sales. This group of intermediaries are called collectively known as A) wholesalers B) facilitators C) agents D) distributors E) merchants 12) When Apple accepts used cell phones from customers and extracts components and materials from them for use in other products and manufacturing processes, it is operating a(n) A) collection depot B) remanufacturing operation C) reverse-flow channel D) environmental channel E) salvage operation 13) Intermediaries that buy, take title to, and…arrow_forwardUsing hypotheses is important when framing a marketing research study for all the following reasons, except... provides some insight into what people believe would remedy a problem provides clear direction to the research makes the research relevant and more likely to drive business decisions encourages the use of advanced data analytics reflects some of the current thinking within an organization When designing a research study, a decision whether to use qualitative or quantitative research must be made. In general, qualitative research is preferred when... not much is known about the topic and the project is somewhat exploratory the research project is being conducted by a student team there is only a small research budget little time is available before a major business decision must be made managers are uncomfortable with quantitative research methods and analysis tools When making a research…arrow_forward1. Review the provided CRM data to guide you in selecting the buying firm that will maximize revenue for DataLocker. Once you have analyzed the CRM data, select the appropriate industry that will maximize revenue for DataLocker: Small Size Manufacturing Small Size Hospitality Small Size Services Medium Size Manufacturing Medium Size Hospitality Medium Size Services Large Size Manufacturing Large Size Hospitality Large Size Servicesarrow_forward
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