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Duplicate of Marketing Mix Flashcards | StudBud
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Duplicate of Marketing Mix
Duplicate of Marketing Mix
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StudBud Administration
A #quiz on #marketing #mix for #sports and #entertainment marketing
Flashcards
14 cards
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Questions
14
Answers
1
A single marketing plan used to reach all consumers.
Mass Marketing
Promotion
Market Segmentation
Demographic Segmentation
2
Obtaining information needed to make sound business decisions.
Market
Marketing-information Management
Target Market
Product/Service Management
3
Involves determining a value to charge for goods and services.
Promotion
Pricing
Selling
Distribution
4
The group of potential customers who share common needs and wants.
Market
Psychographic Segmentation
Marketing-information Management
Distribution
5
Dividing the entire market into smaller groups who share similar characteristics.
Market
Behavioral Segmentation
Promotion
Market Segmentation
6
Determining customer needs and wants and responding to them to influence purchasing decisions.
Selling
Distribution
Market
Promotion
7
Communication used to inform, persuade, or remind people about a business's products.
Product/Service Management
Selling
Promotion
Market
8
Segmenting a market based on where a person lives.
Geographic Segmentation
Distribution
Demographic Segmentation
Target Market
9
The group of consumers that a company desires to have as customers.
Target Market
Market
Demographic Segmentation
Market Segmentation
10
Segmenting the market based on personal characteristics such as age, gender, education, etc.
Market Segmentation
Behavioral Segmentation
Product/Service Management
Demographic Segmentation
11
Dividing consumers into groups according to their response to a product.
Promotion
Market
Target Market
Behavioral Segmentation
12
Segmenting the market based on values, attitudes and lifestyles.
Market Segmentation
Demographic Segmentation
Behavioral Segmentation
Psychographic Segmentation
13
Involves the location, transporting, storing and handling of goods.
Distribution
Product/Service Management
Promotion
Market Segmentation
14
Involves concepts and procedures necessary to obtain, develop, maintain, and improve a product.
Promotion
Market Segmenration
Market
Product/Service Management