Question: The _ _ _ _ _ _ _ _ is essentially the total customer benefit minus the total customer cost. Question 1 options: customer net
The is essentially the total customer benefit minus the total customer cost.
Question options:
customer net value
positioning
core message
customer value proposition
customer economic value
Question points
Performance, reliability, durability, compatibility, ease of use, customization, form, style, and packaging are all elements of value.
Question options:
monetary
social
functional
psychological
repeatable
Question points
Why does a positioning need to be somewhat aspirational in nature?
Question options:
Consumers identify with brands that dare to dream big.
An aspirational positioning can distract from the offering's shortcomings.
Nobody wants to buy a product that is "just good enough."
An aspirational positioning gives the brand room to grow and improve.
Consumers care more about what a brand could be than what it is
Question points
Unlike the value proposition, which articulates all benefits and costs of the offering, the zeroes in on the key benefits that will provide consumers with a reason to choose the company's offering.
Question options:
price proposition
peak value statement
marketing strategy
positioning
tactical plan
Question points
refers to the products or sets of products with which a brand competes and which function as close substitutes.
Question options:
Consumer profitability analysis
Competitive frame of reference
Category membership
Value membership
Demand field
Question points
The extent to which consumers perceive a brand to be faithful to its essence and its reason for being is known as
Question options:
brand loyalty
brand truthfulness
brand authenticity
positioning
core messaging
Question points
Marketers can use to reveal "holes" or "openings" that suggest unmet consumer needs and marketing opportunities.
Question options:
positioning
perceptual maps
brand maps
gap analysis
segmentation
Question points
The typically ineffective "lowest common denominator" positioning is a consequence of
Question options:
confusing the market
not listening to consumers
trying to be all things to all people
ignoring competitors
trying to cover the market with too few products
Question points
Which term is most closely associated with the statement: "attributes or benefits that consumers strongly associate with a brand, positively evaluate, and believe that they could not find to the same extent with a competitive brand"?
Question options:
Points of inflection
Points of difference
Points of parity
Points of value
Points of presence
Question points
Points of are product associations that are not necessarily unique to the brand but may in fact be shared with other brands.
Question options:
parity
difference
inflection
presence
divergence
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