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yjiang5 yjiang5
wrote...
Posts: 575
Rep: 1 0
6 years ago
Describe the three types of purchases in a B2C transaction.

Question 2

Strategic sourcing is almost the same as procurement.
 
 Indicate whether the statement is true or false

Question 3

The channel design does not need to be consistent with all the other marketing elements (i.e., it is a stand-alone process).
 a. True
  b. False
 Indicate whether the statement is true or false

Question 4

Multistage samples are frequently used due to their low cost.
 
 Indicate whether the statement is true or false

Question 5

Describe the three phases of the purchase process.

Question 6

Distinctives are low-risk, high value items that are fundamental to the company's finished product.
 
 Indicate whether the statement is true or false
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Replies
wrote...
6 years ago
Answer to #1

A low customer involvement purchase in a B2C situation is called a convenience buy. This purchase typically has little forethought and is price sensitive.
A medium customer involvement purchase in a B2C situation is called a shopping buy. In this situation, the consumer puts more thought into the purchase and cares more about the product quality/features.
The last type of purchase has high customer involvement. This situation is called a specialty purchase. Purchases of this type require a great deal of research for the best brands, quality, and price. Marketers for this level try to convince the buyer that their brand is the best choice.

Answer to #2

FALSE

Answer to #3

FALSE

Answer to #4

F
Multistage sampling is high cost yet frequently used.

Answer to #5

The first phase is the pre-purchase phase. During this phase, the consumer identifies the need or want, searches for a possible solution, and builds a consideration set. The next phase is the purchase phase. During this phase, the consumer narrows the consideration set and decides on a retail channel. Lastly, there is the post-purchase phase. In this phase, the consumer assesses the purchase, and if he is satisfied he will likely make repeat purchases and will generate word of mouth about his purchase.

Answer to #6

FALSE
yjiang5 Author
wrote...
6 years ago
Smiling Face with Glasses Feeling super confident now, TY
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