CH 17-18 Flashcards

(8 cards)

1
Q

involves engaging directly with carefully
targeted individual consumers and customer communities to both
obtain an immediate response and build lasting customer
relationships.

A

Direct and digital marketing

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2
Q

includes annoying and offending

customers.

A

• Irritation

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3
Q

includes taking unfair advantage of

impulsive or less-sophisticated buyers.

A

Unfairness

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4
Q

includes “heat merchants” who
design mailers and write copy designed to
mislead consumers.

A

Deception

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5
Q

includes identity theft and financial

scams.

A

Fraud

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6
Q

A company achieves the lowest production and
distribution costs and allows it to lower its
prices and gain market share.

A

Overall cost leadership strategy:

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7
Q

A company concentrates on creating a highly
differentiated product line and marketing
program so it comes across as an industry
class leader.

A

Differentiation strategy:

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8
Q

A company focuses its effort on serving few
market segments well rather than going after
the whole market.

A

Focus strategy:

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