How do valuebased pricing unbundling and bundling help marketers
Anonymous Student
Subject:Marketing
How do value-based pricing, unbundling, and bundling help marketers hold onto market share during a recession?
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Test #2 VA
4. If the decision-making process involves a customer's self-image and financial, social, or psychological risks, it is likely to be a:
a. High-involvement decision
b. Low-involvement decision
c. Limited decision making
d. Medium-involvement decision
5. If you are a marketer promoting wedding engagement rings through high-end retail shops, bridal magazines, and online search engine results for "expensive engagement rings," then which type of consumer involvement are you targeting?
a. Medium-involvement decision consumer
b. Low-involvement decision consumer
c. High-involvement decision consumer
d. Limited decision making
6. A store selling hunting equipment decides to focus on a new market segment to grow its customer base. It chooses to focus its new marketing campaign toward politically conservative women who are outdoor enthusiasts. This store is focusing its marketing strategy by highlighting:
a. geodemographic profiling
b. family life cycle
c. social class
d. psychographics
7. State Farm insurance company prints an ad in a national newspaper's apartment rental section with a picture of a girl sitting on the edge of a tub full of water, blowdrying her hair while a plugged in toaster sits on the edge. The caption at the top of the ad reads, "Renting without State Farm is like..." Which need does this marketing ad emphasize for potential customers?
a. physiological needs
b. esteem
c. safety and security
d. self-actualization
e. socialAnswers - Principles of Marketing 1 (MKTG-1012)
According to the text, why might a retailer avoid the use of newspaper advertising?
Question 60 options:
1)
absence of geographic selectivity 2)
short lead time 3)
little demographic selectivity 4)
high individual market coverage Answers - Principles of Marketing 1 (MKTG-1012)
Refer to the scenario. What is American Airlines' distribution of the Entertainment Book an example of?
Question 57 options:
1)
the Entertainment Book's trade promotion 2)
the Entertainment Book's publicity 3)
the Entertainment Book's advertising 4)
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rosebushes 2)
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Gillette trying to maintain the current advertising budget 3)
Gillette shifting the advertising increase sales 4)
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