Question: Attempt ANY TWO questions from this section. Each question carries 2 5 marks. C 1 . Consumer product definition ( 1 ) and it can
Attempt ANY TWO questions from this section. Each question carries marks.
C Consumer product definition and it can be classified by a number of criterion and marketers should appropriate marketing program according to consumer buying behaviour.
a Name and describe the four types of consumer products when classified by the criteria of usage.
b Discuss the four types of buying behaviour example.
Ca List the steps of the consumer buyer decision process
b Distinguish high vs low involvement purchases
c Describe five stages in the new product adoption process
C Rather than trying to compete in an entire Market, each Company identifies the parts of the Market that it can serve best.
a Name and describe the four bases commonly used to segment the market.
b Define the concept of positioning for competitive advantage marks and provide an example of a positioning statement marks
c Discuss advantages of branding and describe competitive advantage of a strong brand
C The Product Lifecycle PLC Model provides a way to trace the stages of a product's acceptance and success in the market
a List and describe the four stages in the PLC
b Describe any three individual product decisions
C Companies must closely monitor and adapt the position over time to match changes in consumer needs and competitors' strategies.
a Describe competitive marketing intelligence and its sources
b Identify Sustainable competitive advantages
c Discuss new marketing communications model
Ca Discuss the targeting strategies
b Compare and contrast a conventional distribution channel with a vertical marketing system marks Describe the three different types of vertical marketing systems marks
Ca Introduce type of marketing intermediaries
b Discuss any four functions of the members of a marketing channel
c Discuss any three product mix pricing strategies
Ca Outline the steps in developing effective marketing communications.
b Help marketing manager choose communication channels and media
c Discuss the three typed of appeals in designing message contemt.
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