extra stuff Flashcards

1
Q

what are all the segmentations, and what are the factors within it

A

demographic, psychographic, geographic, behavioural

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2
Q

what are the pricing strategies

A

skimming, penetration, prestige

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3
Q

what are the promotional mix elements

A

advertising, personal selling, sales promotion, direct marketing, event sponsorships, public relations

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4
Q

what are the public relation tools

A

press release, press conference, special events,

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5
Q

its a star when

A

high growth rate and high share

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6
Q

its a question mark when

A

high growth rate and low share

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7
Q

its a cash cow when

A

low growth rate and high market share

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8
Q

its a dog when

A

low growth rate low market share

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9
Q

market penetration

A

existing market, existing product

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10
Q

market development

A

new market, existing product

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11
Q

product development

A

existing market, new product

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12
Q

diversification

A

new market, new product

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13
Q

omni-channelling

A

seamless shopping experience among all shopping channels.

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14
Q

define showrooming

A

using mobile devices in-store to check competitive online product reviews and prices
and to then purchase the cheaper product online.

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15
Q

the goal of SWOT is to

A

identify those critical factors that can have a major effect on the firm.

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16
Q

what are the three vertical marketing systems

A

corporate, contractual, administered

17
Q

what are the distribution strategies (3) and define each.

A

exclusive, intensive, selective

18
Q

what are the distribution channels and define each

A

wholesaler, retailer, distrubtor.

19
Q

What are promotional tools?

A

coupons, premiums, rebates, sweepstakes