mm place Flashcards

1
Q

making the products available in the right quantities and locations where customers
want them.

A

Place

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2
Q

refers to the process of moving goods and services
from the company to the customer.

A

Distribution Strategy

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3
Q

“It’s not about ideas. It’s about making ideas happen.”

A

Scott Belsky, co-founder of Behance, Entrepreneur

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4
Q

it is where a business carries out business or the distribution channels
used to reach markets.

A

Place

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5
Q

Common Distribution Channels:

A

Direct Sale-
Original Equipment manufacturer sales-
Manufacturer’s representative-
Wholesalers-
Brokers-
Retailers-
Direct mail-

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6
Q

Company/Firm plans are to move goods directly to the ultimate users.

A

Direct Sale-

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7
Q

involve selling a manufactured product and
which is later sold as a finished product to the end user.

A

Original Equipment manufacturer sales-

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8
Q

wholesaler employed by one or several producers
and paid on commission basis according to quantity sold.

A

Manufacturer’s representative-

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9
Q

channel members that sell to retailers or other agents for further
distribution through the channel until they reach to final users.

A

Wholesalers-

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9
Q

channel members that sell to retailers or other agents for further
distribution through the channel until they reach to final users.

A

Wholesalers-

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10
Q

Are distributors who buy directly from distributor or wholesaler and sell to
retailers or end users.

A

Brokers-

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11
Q

Are the ones who sell directly to customers in the store. They buy product
without any intermediaries or middlemen.

A

retailers

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11
Q

Are the ones who sell directly to customers in the store. They buy product
without any intermediaries or middlemen.

A

Retailers-

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12
Q

Includes printed materials used in a targeted campaign to consumers.
These include catalogs, letters, e-mail and other direct appeals.

A

Direct mail-

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12
Q

Includes printed materials used in a targeted campaign to consumers.
These include catalogs, letters, e-mail and other direct appeals.

A

Direct mail-

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13
Q

any form of communication which is used to inform, persuade and remind people
about an organization or individual’s goods, services, image, ideas, community involvement
or impact on the society.

A

Promotion

14
Q

“Enthusiasm is the sparkle in your eyes, the swing in your gait, the grip of your hand
and the irresistible surge of will and energy to execute your ideas.

A

“Henry Ford

15
Q

combination of the strategies to accomplish the promotion objectives of an
organization.

A

Promotional Mix

16
Q

4 Promotion strategy

A

Advertising Aspects
Public Relations-
Sales Promotion-
Personal sales-

17
Q

“The greatest discovery of my generation is that people can alter their lives by
altering their attitudes.”-

A

William James

18
Q

People can be considered a product by providing
satisfaction to the consumer.

A

People

19
Q
  • Marketing entails at cultivating the attention, interest and preferences of the target market
    toward a celebrity or authority figure.
A

People

20
Q

five-step PRIDE process:

A

P- Provide a Pleasant Working Environment
R- Recognize, Reward, and Reinforce the Good Behavior
I-Involve and Participate in the activities and programs.
D-Develop Skills and Attitude
E-Evaluate and Measure Performance.

21
Q

involves socioeconomic business activity by which entrepreneurs and business people meet to
form business relationships,

A

Networking

22
Q

share information and seek potential partners for business ventures.

A

Networking

23
Q

Set of activities that results in delivery of the product benefits.

A

Process

24
Q

the container or the wrapper of the product.

A

Packaging

25
Q

Purpose of Packaging:

A

To protect the product on its way to the customer.
To provide protection after the product is purchased.
It becomes part of the company marketing program.

26
Q

Criteria for choosing Packaging Materials:

A

Protection-
Display Value-
Cost-
Convenience-
Size-

27
Q

the service delivered and any tangible goods that facilitate the performance
and communication of the service.

A

Physical Evidence

28
Q

Tangible goods are evidence that the seller has

A

Physical Evidence

29
Q

How the firm differentiates their product or service from those of the competitors.

A

Positioning

30
Q

-Creates an image for the product based on its intended audience.

A

Positioning