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leticia1977 leticia1977
wrote...
Posts: 585
Rep: 2 0
6 years ago
When researchers study consumer behavior, they study a process that begins with the perception of a need and ends with the post-purchase product evaluation.
 
 Indicate whether the statement is true or false

Question 2

The Federal Government is the largest producer of marketing facts.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 3

Define and explain the importance of the value proposition in brand promotion.

Question 4

Distribution and the list price of a product can be controlled by marketing management.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 5

For Kraft, the South Beach deal seems an admission that the diet - - linked with celebrity dieters such as Bill Clinton, Bette Midler and Nicole Kidman -- may be a bigger consumer draw currently than the Kraft name. The South Beach Diet book, by cardiologist Arthur Agatston, has sold more than 8 million copies. Among Kraft products that will carry the South Beach diet seal of approval is Jello. (Bruce Horvitz, Kraft gets South Beach diet's seal of approval; New labels part of deal to keep waist watchers buying, USAToday.com, September 27, 2004.)
 
  To maximize Jell-O's chances for success, describe the general characteristics its new position should possess.

Question 6

Marketing research is the use of information to identify and define marketing problems.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 7

Describe the principle known as niche marketing. What are the competitive advantages of marketing to a niche?

Question 8

The basic purpose of marketing research is to help develop new products.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 9

Imus Brothers Coffee, distributed by Fred and his radio disc jockey brother Don Imus' mail order company, makes ground coffee and has targeted heavy users in the past. However, it is considering switching to college students. It is considering switching target segments even though this group is comprised largely of people who have just started to drink coffee and don't consume anywhere near as much as the heavy users. What are the disadvantages of the heavy-user strategy? What is the term used to describe the college students the company is considering targeting? What are the advantages of targeting this college student segment?

Question 10

Camille's Calendar Company, after learning that the main sellers of the company's calendar products were limited to small gift shops, posed this question: Are there promising new markets for our products? This question focuses on which aspect of marketing research?
 a. Planning
  b. Problem solving
  c. Control
  d. Product placement
  e. Distributorship selection
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2 Replies

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Replies
wrote...
6 years ago
Answer to #1

T

Answer to #2

TRUE

Answer to #3

A value proposition is a statement of the brand's functional, emotional, and self-expressive benefits. This statement summarizes the benefits delivered by the brand and the value they provide to customers in a target market. A brand's value proposition helps maintain consistency over time and across the complicated field of brand promotion. Clear expression of the brand's value is critical for developing advertising that sells.

Answer to #4

TRUE

Answer to #5

Effective positioning begins with substance. Jell-O must be able to deliver whatever the position promises. The positioning strategy must be consistent internally. Everything must work in combination to reinforce a distinct perception in the consumer's mind about what a brand stands for. The position should remain consistent over time. This gives the brand an opportunity to break through advertising clutter and establish what it stands for. Finally, the position must be simple and distinctive. No matter how much substance has been built into a product, it will fail if the consumer doesn't perceive what the product can do.

Answer to #6

TRUE

Answer to #7

Niche marketing is based on the premise that smaller is often better when selecting target segments. By definition, large segments are usually established segments that many companies have identified and targeted previously. However, these large segments may be poorly defined. Niche marketing is the identification and serving of a relatively small group of consumers who have a unique set of needs. Typically, these consumers are willing to pay a premium price to the firm that specializes in meeting those needs. The small size of a market niche often means it would not be profitable for more than one organization to serve it. Thus, when a firm identifies and develops products for market niches, the threat of competitors developing imitative products to attack the niches is reduced.

Answer to #8

FALSE

Answer to #9

Heavy users may need no encouragement at all to keep consuming. A heavy-user focus takes attention and resources away from those who do need encouragement to purchase the marketer's brand. Perhaps most importantly, various heavy users may be significantly different in terms of their motivations to consume, their approach to the product, or their image of the product.

The college students are considered emergent consumers. Their preferences are still under development. This target may produce minimal profits in the short term, but there is the opportunity for the long-term gains that accompany brand loyalty.

Answer to #10

a
leticia1977 Author
wrote...
6 years ago
These are correct! Thank you very much!!!
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