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Marketing - Basic Principles Flashcards | StudBud
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Marketing - Basic Principles
Marketing - Basic Principles
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Questions
18
Answers
1
According to this, Google has the largest.
target market
market segment
market share
customer profile
2
The image represents the economic benefit of ___?
time utility
new & improved products
technology
lower prices
3
Marketers use this segmentation strategy to target people looking for all natural ingredients.
demographics
geographics
psychographics
benefit or behavioral
4
The idea that a business should satisfy consumers needs and wants while generating a profit.
promotion
selling
economics
marketing concept
5
Marketers use this segmentation strategy to target people who live a healthy lifestyle.
psychographics
demographics
behavioral
geographics
6
Added value in economic terms.
time utility
place utility
utility
form utility
7
A tangible item that has monetary value and satisfies a customers needs and wants.
good
service
idea
marketing
8
Economic utility that involves marketing communications directed at customers.
form
information
possession
promotion
9
These products, with a low budget price, would be marketed using this segmentation strategy.
psychographics
behavioral
demographics
geographics
10
The child in the picture is a ___.
freeloader
target market
consumer
customer
11
This image represents what concept?
market segmentation
marketing mix
5Ps of marketing
marketing concept
12
Another name for this market.
consumer
marketing mix
industrial
target
13
Which demographic criteria is likely a key factor in marketing this product?
age
gender
income
psychographics
14
This generation is also known as the Echo Boomers or Generation Y.
Generation X
Baby boomers
Generation Z
Millennials
15
Which economic benefit of marketing would this image best represent?
marketing concept
utility
lower prices
new & improved products
16
This involves using a single marketing strategy to reach all customers.
mass marketing
selling
niche marketing
market segmentation
17
The group you are aiming all your marketing efforts toward.
demographic
mass market
industrial market
target market
18
The process of planning, pricing, promoting, selling and distributing ideas, goods & services.
Marketing
Marketing Concept
Marketing Functions
Marketing Mix