Exam 17: Outlet Selection and Purchase

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Which model is used to calculate the level of store attraction based on store size and distance from the consumer?

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For which product are consumers more willing to travel longer distances to shop for?

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Brands owned and sold by a specific retail outlet are known as _____.

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Which online shopping segment found by Experian is younger, heavily female, and sees shopping as fun?

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Purchases made in a retail outlet that are different from those the consumer planned to make prior to entering that retail outlet are called _____.

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Studies continue to show that price is frequently the prime reason consumers select a retail outlet.

(True/False)
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Which online shopping segment found by Experian is the highest catalog shopper?

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A recent study found that the number one reason consumers abandoned their online shopping carts was due to changing their mind.

(True/False)
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Which of the following shelf-based point-of-purchase materials provide the maximum lift in sales?

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Sales of additional items to customers who come to purchase an advertised item are referred to as spillover sales.

(True/False)
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Brand image and store image are similar concepts.

(True/False)
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Thelma and Louise look forward to Saturday morning when they can drive to their local diner and have breakfast. They laugh at people who spend their weekends at the mall shopping. To which shopping orientation do Thelma and Louise belong?

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Omni-channel shoppers _____.

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Which online shopping segment found by Experian is 10 percent more likely on average to have shopped online in the past 12 months looking for good deals?

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Which online shopping segment found by Experian buys in stores and does heavy online research prior to buying?

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For many people, in-store shopping is perceived as neither fun nor an efficient use of time.

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MVM (My Virtual Model) helps consumers shopping online overcome which barrier?

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A given consumer's or target market's perception of all the attributes associated with a retail outlet is generally referred to as the _____.

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Most purchases in supermarkets are planned.

(True/False)
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Jane was looking through the Pottery Barn catalog and saw some lamps she liked. Instead of calling the toll-free number to purchase the lamps, she went to Pottery Barn's website and ordered them. This is an example of _____.

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