CH 17-18 Flashcards
(8 cards)
involves engaging directly with carefully
targeted individual consumers and customer communities to both
obtain an immediate response and build lasting customer
relationships.
Direct and digital marketing
includes annoying and offending
customers.
• Irritation
includes taking unfair advantage of
impulsive or less-sophisticated buyers.
Unfairness
includes “heat merchants” who
design mailers and write copy designed to
mislead consumers.
Deception
includes identity theft and financial
scams.
Fraud
A company achieves the lowest production and
distribution costs and allows it to lower its
prices and gain market share.
Overall cost leadership strategy:
A company concentrates on creating a highly
differentiated product line and marketing
program so it comes across as an industry
class leader.
Differentiation strategy:
A company focuses its effort on serving few
market segments well rather than going after
the whole market.
Focus strategy: