Showing posts with label Marketing Chapter 17. Show all posts
Showing posts with label Marketing Chapter 17. Show all posts

Which of the following statements is true of loyalty programs?

Which of the following statements is true of loyalty programs?



a. They reward customers for making one-time purchases.

b. They provide information about customers and shopping trends.

c. They aim at achieving short-term results that benefit a company.

d. They lead to an increase in cost.



Answer: b. They provide information about customers and shopping trends.

Which of the following statements is true of the interaction between customers and an organization?

Which of the following statements is true of the interaction between customers and an organization?



a. Any touch point a customer has with the organization constitutes an interaction.

b. Interactions do not happen when customers do not meet face-to-face with salespeople.

c. With customer relationship management, the organization defines the terms of the interaction.

d. Data gathered at touch points do not provide information that affects touch points inside a company.



Answer: a. Any touch point a customer has with the organization constitutes an interaction.

Promotion tends to

Promotion tends to



a) create needs.

b) capitalize on existing needs.

c) be overly focused on the self-actualization needs.

d) overemphasize physiological and safety needs.

e) avoid focusing on people's needs.



Answer: capitalize on existing needs.

If a marketer of a perfume ad develops a commercial involving a man being attracted to a woman who wears a particular perfume, it is attempting to influence one's need for

If a marketer of a perfume ad develops a commercial involving a man being attracted to a woman who wears a particular perfume, it is attempting to influence one's need for



a) love and affection.

b) safety.

c) self-esteem.

d) self-actualization.

e) respect from others.



Answer: love and affection.

Promotion can help keep prices lower because

Promotion can help keep prices lower because



a) demand for the product does not increase.

b) promotion of prices intensifies price competition.

c) promotion of prices leads to nonprice competition.

d) promotion tends to reduce consumers' price sensitivity.

e) promotion tends to stabilize a product's price elasticity of demand.



Answer: promotion of prices intensifies price competition.

If promotion does not do its job of stimulating demand, then the

If promotion does not do its job of stimulating demand, then the



a) price of the promoted product is likely to increase.

b) price of the promoted product will remain reasonably stable.

c) price of the promoted product will decrease.

d) cost of promotion will decline.

e) cost will remain about the same.



Answer: price of the promoted product is likely to increase.

The use of a pull policy may require heavy expenditures for

The use of a pull policy may require heavy expenditures for



a) advertising and sales promotion.

b) public relations and distribution.

c) personal selling and public relations.

d) distribution and advertising.

e) sales promotion and personal selling.



Answer: advertising and sales promotion.

When Hershey Dark Chocolate Kisses were introduced, Hershey promoted directly to consumers and told them to ask for the product at their favorite stores. This is an example of a _________ policy.

When Hershey Dark Chocolate Kisses were introduced, Hershey promoted directly to consumers and told them to ask for the product at their favorite stores. This is an example of a _________ policy.



a) reseller promotional

b) push

c) customer promotional

d) pull

e) channel promotional



Answer: pull

If a firm's promotional budget were extremely limited, for which of the following reasons would it be more likely to rely on personal selling as its main promotional tool?

If a firm's promotional budget were extremely limited, for which of the following reasons would it be more likely to rely on personal selling as its main promotional tool?



a) People are more likely to believe a human being than a print ad.

b) TV and radio ads are not feasible for smaller companies.

c) It can achieve more sales through business customers than through individual consumers.

d) It is easier to measure a salesperson's effects on sales than advertising's effects on sales.

e) The firm is charging a higher price to cover the expensive salaries of its salespeople.



Answer: It is easier to measure a salesperson's effects on sales than advertising's effects on sales.

A consumer contest is an example of

A consumer contest is an example of



a) personal selling.

b) sales promotion.

c) advertising.

d) indirect selling.

e) public relations.



Answer: sales promotion.

When McDonald's uses the Monopoly game in which customers receive game pieces with each visit and try to assemble a set of properties to win prizes, McDonald's is utilizing

When McDonald's uses the Monopoly game in which customers receive game pieces with each visit and try to assemble a set of properties to win prizes, McDonald's is utilizing



a) sales promotion.

b) advertising.

c) guerilla marketing.

d) personal selling.

e) public relations.



Answer: sales promotion.