Exam 6: Market Segmentation and the Marketing Mix: Determinants of Campaign Strategy

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The difference between regular soup and organic soup is not readily visible. The organic brand differentiates itself by claiming to be healthier as it uses natural ingredients and vegetables that have been grown without the use of harmful chemical fertilizers. This is an example of a(n) _____.

(Multiple Choice)
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In terms of user status, _____ perceive two or more brands to have superior attributes and will buy at full price.

(Multiple Choice)
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Demographic segmentation is a way to define population groups by their statistical characteristics: sex, age, ethnicity, education, occupation, income, and other quantifiable factors.

(True/False)
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_____ occurs when individuals act as independent distributors for a manufacturer or private-label marketer.

(Multiple Choice)
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Which of the following is true of intensive distribution?

(Multiple Choice)
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Distinguish between primary demand and selective demand.

(Essay)
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Market concentration reduces the number of geographic targets for an advertiser.

(True/False)
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Define direct distribution.

(Short Answer)
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Convenience goods are available at every possible location because of exclusive distribution.

(True/False)
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In the case of selective distribution:

(Multiple Choice)
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Cell phone companies spend a lot of money to encourage heavy users of cell phones to buy plans that offer them additional talktime. This strategy is known as:

(Multiple Choice)
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In the _____ stage of the product life cycle, competition intensifies and profits diminish. Companies increase their promotional efforts but emphasize selective demand.

(Multiple Choice)
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How is product pricing affected by market demand?

(Essay)
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In the maturity stage of the product life cycle, prices tend to rise.

(True/False)
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In the _____ stage of the product life cycle, the marketplace becomes saturated with competing products and the number of new customers dwindles, so industry sales reach a plateau.

(Multiple Choice)
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List the four major stages in the product life cycle.

(Essay)
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Briefly describe geographic segmentation.

(Essay)
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Which of the following is true of business markets?

(Multiple Choice)
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What is meant by product concept?

(Essay)
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The product's package is a component of the promotion element of the marketing mix.

(True/False)
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