Question: - [ ] What is Marketing Management - [ ] diff between goods, services, experiences - [ ] Communication channels and what is it called
What is Marketing Management
diff between goods, services, experiences
Communication channels and what is it called when you combine them
Diff between needs wants and demand
Diff Between Value, customer satisfaction
The system that collects information DATABASE way to collect
How to track customers online
When customers are upset with the company what do they do
Diff types of marketing research firms
Meaning & Steps know them in order of Marketing Research
IMP Diff between Primary & Secondary data
Primary data Qualitative data & Quantitative know what it is and be able to defineBoth have their ways of collecting data
Diff types of questions openended, closeended, dichotomist yesno liker scales, MCQ semantic differential scale happysad nervouscalm
What is the diff between the prospective customers evaluation of all the benefits and all the costs that the company is offering? vs the same thing but for an alternative?
What is the perceived monetary value of the bundle of economic, functional and psychological benefits customers expect from that, how much money is attributed
What is the Rule
What do you call a customer that has longevity in the company?
What do you call the NPV of future profits expected over a customers lifetime purchases?
What customer relationship management is What is its goal?
Sometimes customers drop out how do you get them back what strategy do you use?
What is consumer behaviour?
Diff between culture, subculture, social class, family and group
What is trait theory? what is it focused on
TERMS & definitions Selective retention, Cognitive dissonance, subliminal perception,
Associative network memory model think of your brain and the way it works HINT
Product Category The brands that come to your mind Group for. brands is called what? Eg; soda coke, Pepsi
Diff between attitudes, perception, learning, beliefs, biases, heuristics a way of thinking ability to grasp things faster
Diff between segmentation, targeting and positioning
Diff people involved in decisionmaking eg familycereals what to buy and who pays for it and who makes a decision in the process
All different loyalty groups NOT COVERED
WHAT A PRODUCT IS
Product Mix, Product breath, Product depth few questions
What is cobranding and its advantage
When a company gives you a guarantee on a product what is it called
What is the guarantee associated with the product?
Steps in the New product process Beginning till the end
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