Exam 11: Database and Direct Response Marketing and Personal Selling

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Customer clustering involves building profiles of consumer groups and preparing models that predict future purchase behaviors.

(True/False)
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The primary benefit of database marketing is:

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Some customers do not have specific objections,but are worried about the consequences of switching vendors.In such situations,the best method to use would be the compensation method.

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The process of searching a database for a specific piece of information,such as a birthday,for marketing purposes is:

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A primary advantage of direct mail is that mail can be easily targeted to specific consumer groups and to specific individuals.

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A digital marketing firm tracked the movement of individuals in downtown Chicago just prior and just after a Chicago Cub's baseball game to determine movement,restaurants visited,and stores visited.This illustrates the data analytics of:

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The primary reason for building a database,coding the information,and mining data is to use the output to build programs that will boost sales revenues.

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The most common form of direct marketing is email.

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According to the Direct Marketing Association,about 60 percent of a typical direct marketing budget targets:

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A data warehouse contains customer information such as customer email addresses,purchase and communication histories,and personal preference profiles.

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While it is important for a database to record every transaction with a customer,recording of interactions that are unrelated to a purchase are not necessary.

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A key principle in developing a loyalty or frequency program is to design the program to enhance the value of what the product offers to customers.

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Database and personal selling methods are not adaptable to international settings.

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In terms of generating leads for sales,trawling and data analysis of a firm's database can generate high potential leads.

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Jennifer is a salesperson and has just finished answering objections of a client.The next step in the selling process is:

(Multiple Choice)
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Identify the steps in the selling process.

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Selling products to customers without the use of other channel members is:

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Kaylee is getting ready to close her sales call.She feels she has answered all of the prospect's objections and feels confident that the prospect is ready to buy.The best close for her would be which type of close?

(Multiple Choice)
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In terms of generating leads,the best method is purchasing response lists from database vendors.

(True/False)
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The least popular form of direct marketing is:

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