The members of a venture team come from

The members of a venture team come from a. the marketing department. b. a consulting firm. c. the research and development department. d. the production...

A runout policy of product deletion

A runout policy of product deletion a. lets the product decline without changing the product strategy. b. is an immediate-drop decision. c. exploits...

A phase out approach can be best described as

A phase out approach can be best described as a. allowing the product to decline without a change in the marketing strategy. b. exploiting any strengths...

Product deletion

Product deletion a. tends to be an easy task for most organizations. b. may be opposed by management. c. involves immediate termination. d. is a matter...

The test-marketing stage

The test-marketing stage a. is an extension of the screening stage. b. should come immediately after business analysis. c. ensures that the product...

Introducing new products is risky and so is

Introducing new products is risky and so is a. performing marketing research. b. keeping tabs on the actions of competitors. c. not introducing new...

Linear attribution gives credit to

Linear attribution gives credit to Answer: all prior customer touchpoints that can be tracked in analytic...

Why is social media not free?

Why is social media not free? Answer: Companies must allocate resources to managing their social media accounts...

A video or other content "goes viral" when

A video or other content "goes viral" when Answer: those exposed to it forward it on to other friends, thus spreading it until it reaches market...

A company wants to be scientific about creating a viral video. It has created a video and estimates the following virality parameters: Pf = .03; N = 500; Pv = .5. If the company is able to get 1,000 people to watch it at the outset, and its parameter estimates are accurate, is the video likely to go viral?

A company wants to be scientific about creating a viral video. It has created a video and estimates the following virality parameters: Pf = .03; N =...

What is ORM? Why is it important?

What is ORM? Why is it important? Answer: -Online Reputation Management- The act of reviewing what is being said about a company or individual online...

In what ways is social media not free?

In what ways is social media not free? Answer: Social media still costs money and resources bc companies have to pay employees to actively manage...

What is list churn?

What is list churn? Answer: - the percentage of your subscriber list email addresses that unsubscribe or bounce over a set length of time...

What is a transactional email?

What is a transactional email? -Transaction emails are sent to customers following a completed transaction. transaction emails generally pertain to...

Effectively written search ads have

Effectively written search ads have Answer: -Effective title -Display and Destination URL -Descriptio...

Unpaid referral traffic comes from what?

Unpaid referral traffic comes from what? -Unpaid search referral traffic comes when a user clicks on an organic search result. -refers to any visitors...

Name three types of website traffic

Name three types of website traffic 1. Direct Traffic (an internet user types the website's URL directly into the browser) 2. Referral Traffic (an...

What does IP in 'IP address' stand for?

What does IP in 'IP address' stand for? Internet Protocol. -The internet protocol is a standardized set of procedures for locating computers connected...

Florida Orange Juice Growers Co-op uses a tag-line from time-to-time to stimulate consumers thinking about what time of the day is appropriate to drink OJ. The tag-line is: "Florida Orange Juice, It's Not Just for Breakfast Anymore." The use of this tag-line to tries to increase market share by manipulating the _________ base of Segmentation.

Florida Orange Juice Growers Co-op uses a tag-line from time-to-time to stimulate consumers thinking about what time of the day is appropriate to drink...

Red-Bone pet food produces a product line of dog chow that is created to feed working dogs and yet another that is made for show dogs. The marketers at Red-Bone have decided to create a dog food that will be specifically formulated for older, adult dogs (elderly dogs). At Red-Bone, the marketers target the dog food market using the ____________________approach.

Red-Bone pet food produces a product line of dog chow that is created to feed working dogs and yet another that is made for show dogs. The marketers...

In lecture there were certain considerations when creating a market segment that must be given attention. In many states the only way to make a product purchase (from certain product categories) is to prove your age with a photo ID. When grouping consumers to target, the marketer uses age to discern ___________________ to purchase within the product category when grouping consumers.

In lecture there were certain considerations when creating a market segment that must be given attention. In many states the only way to make a product...

Heeltoe, a boutique that caters to the footwear needs of women, manufactures two different lines of footwear based on the purchasing power of its customers. One product line caters to the needs of affluent, middle-aged women, and the other line targets younger professionals and homemakers. Heeltoe most likely segments the consumer market based on ________ variables.

Heeltoe, a boutique that caters to the footwear needs of women, manufactures two different lines of footwear based on the purchasing power of its customers....

Focusing all the marketing efforts of a company on one segmentation group is also known as "putting all your eggs in one basket". It's a risky approach to segmentation but one that can be very profitable when your customer embraces the specific product you provide for them. Which of the following academic marketing term does the above refer too

Focusing all the marketing efforts of a company on one segmentation group is also known as "putting all your eggs in one basket".  It's a risky...

Trisha is an avid collector of stamps. Trisha's collection is worth a lot of money and represents a good deal of time spent searching through stamp fairs and online outlets. One stamp that has elluded her dates back to the Civil War. After many years of online searching, Trisha has found the rare stamp and has been in contact with the seller but he would like a very high price for the stamp. For Trisha, the Information Search Stage of the Consumer Decision Process can be characterized as predominately ___________________ and the risk for Trisha's purchase of the rare stamp is ____________________.

Trisha is an avid collector of stamps.  Trisha's collection is worth a lot of money and represents a good deal of time spent searching through...

Wilden is knee-deep in the Fall semester of studies and socializing. He cannot stay awake during this late night of studying so he heads down to the vending for a pick-me-up. He would love a Five Hour Energy shot but is disappointed to see it's not available in the machine. He chooses another drink with caffeine to try to stay awake. For the brand Five Hour Energy, the sale was lost because their Intensity of Distribution is NOT __________________.

Wilden is knee-deep in the Fall semester of studies and socializing. He cannot stay awake during this late night of studying so he heads down to the...

Luke is headed to buy an engagement ring for his future bride. He plans to purchase a ring that is between $6-7,000 and is at least a one carrot diamond, yellow gold. He walks out of the jewelry store having spent $6,500 and the ring is a 3/4 carrot diamond, white gold. For Luke the determinant attribute(s) were:

Luke is headed to buy an engagement ring for his future bride. He plans to purchase a ring that is between $6-7,000 and is at least a one carrot diamond,...

Sky owns a small hot air balloon company in Albuquerque, New Mexico. He recently started a Facebook page for his company and many of his customers are asking for store-sponsored hot air balloon trips. They believe Sky's expertise would make him the perfect guide. Sky decides to host quarterly hot air balloon trips and experiences a huge increase in sales and customer satisfaction. Which of the following is the BEST conclusion that can be drawn from Sky's situation

Sky owns a small hot air balloon company in Albuquerque, New Mexico. He recently started a Facebook page for his company and many of his customers are...

What is MIS

What is MIS A. Competitive marketing intelligence B. A customer insights team C. A marketing information system D. Customer relationship management E....

Tina's Tunes is a music store that has been selling CDs for 20 years. Throughout the last six years, sales have continuously declined and profits have almost completely disappeared. The CEO of Tina's Tunes believes resurgence is likely to happen soon and wants to continue business as usual. What is likely to happen to Tina's Tunes

Tina's Tunes is a music store that has been selling CDs for 20 years. Throughout the last six years, sales have continuously declined and profits have...