Exam 12: Product and Promotion: Creating and Communicating Value

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Effective promotion will build a relationship between customers and companies that results in repeat purchases.

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Natural Juices has based its message on the concept that its juices are "Tastefully nutritious." The aim is to let customers know that its products provide a tasty way to get needed vitamins and minerals. This is an example of a big idea that is based on a rational premise.

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Although technology can help marketers reach larger target markets, it also presents new challenges such as:

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One effective way for a firm to promote its products is to identify the key points of contact between its products and the target market, and then focus its efforts on those areas.

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Marketers can directly control most of the promotional tools they use. The tool that they are least likely to have control over is:

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With the invention of the telephone, Alexander Graham Bell created a new way for people to communicate over long distances. His invention demonstrates:

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Each type of advertising media offers advantages and disadvantages. Choose three of the major media mentioned in the text, and describe the advantages and disadvantages of each.

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Marketers can directly control publicity.

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Which of the following is the most accurate statement about trends affecting promotion?

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A firm's _____ is a brief statement articulating how it wants the target market to envision its product relative to the competition.

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What is the goal of integrated marketing communication? How do consumers benefit from this approach to marketing?

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What do gasoline for cars, ketchup for fries, and scarves have in common?

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When customers buy products, they also "buy" all of the attributes associated with the products, such as the brand name, the image, the packaging, the reputation, and the guarantee.

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Consumers buy convenience products frequently and with limited consideration.

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The purpose of missionary selling is to:

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Tfohre mraaprikde tpearcs et oo fi ntcercehansoel othgeicira lu sceh aonf gtee chhanso cloregayt eidn aa nn eeeffdo artn tdo arne aocphp ao rbturonaitdyer range of consumers­with the right product, at the right time, with the right message.

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Specialty products are a type of business product.

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Organizations use component parts and processed materials to produce other products.

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What is promotion? Name and describe two major types of emerging promotional tools and two traditional ones that might be used to influence consumers to purchase products and services.

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In which of the following stages of a product's life cycle would heavy advertising reinforce the brand positioning strategy?

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