Wednesday, June 12, 2013

Marketing qq
Here is a list of terms for Chapter 1

Here is a list of what you are responsible for knowing for the Final Exam. Today we will have to computer based review activities and then you are to work on writing brief definitions for the following terms to study from. We will work on the difficult ones as a group.

* = Not in Textbook

Marketing:
Supply and Demand
Marketing Organization (Regional, International, Brand, Distribution)
Target Market

Marketing mix (4 P's)
Product Mix
Promotions Mix
Pricing Mix
Place Mix

Brand / Branding
Push strategy
Pull strategy

Chapters 2 and 3.

Here is a list of what you are responsible for knowing for the Final Exam. Today we will have to computer based review activities and then you are to work on writing brief definitions for the following terms to study from. We will work on the difficult ones as a group.

Chapter 2

Customer
Consumer
Gatekeeper
Product Life cycles (traditional, seasonal, fad, niche)
fad vs trend
demographics
baby boomers
Thorndikes Law of Effect
Maslow's Hierarchy of Needs
Household name
* Celebrity endorsement
Bust
* Spin off product

Chapter 3

profit
free market
perfect competition
monopoly
oligopy
private property
public property
R & D (research and development)
direct competition
indirect competition
customer loyalty (card)
production cost
Top of the mind
Service base
Product base
value added service
market share
* communism
market segment
landed cost
category killer

Chapter 4

market research
hard data
primary data
secondary data
quantitative research
qualitative research
test marketing
closed ended questions
open ended questions

Chapter 5


invention
innovation
utility
form utility (material, sent,flavour, colour, design, packaging)
information utility
place utility
time utility
possession utility
* GATT
* WTO
* Subsidies
* Hyperinflation
* Tween
* Age Compression
* Word of mouth marketing (idea virus)
* commercial real estate
* residential real estate
(*) Slogan
(*) Jingle
* Knock off
Here is the list of terms from Chapter 9.

Advertising is most important for
1identical
2mass marketed
3easy to describe
4low priced
5new
6heavily competitive
Brand awareness
brand trial
brand preference
brand reminder
brand repositioning
Unique selling proposition
biological appeal
emotional appeal
rational appeal
social appeal
8 Types of media with advantages and disadvantages for each.
Lobbyist
Contests and sweepstakes
refunds and rebates
redemption
premium
self liquidators
Point of purchase
 
Marketing 12
 
You will be asked to write about how marketing has changed in the last few (7 or so) years.  

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