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