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MKT 421 ACTUAL EXAM QUESTIONS AND COMPLETE STUDY GUIDE 2026.pdf

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MKT 421 ACTUAL EXAM QUESTIONS AND COMPLETE STUDY GUIDE

Institution
MKT
Course
MKT

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MKT 421 ACTUAL EXAM QUESTIONS AND
COMPLETE STUDY GUIDE 2026
▶ 4 P's Answer: product
place
price
promotion

▶ SAVE Answer: solution (product)
access (place)
value (price)
education (promotion)

* more consumer focused than the 4 P's

▶ solution Answer: blockbuster
apple tv

cd
online music streaming

▶ access Answer: own a car
uber or lyft

stadium experience
at home all access experience

▶ value Answer: price of dback ticket in the outfield .... not great value

▶ education Answer: why do people need it

quickly educate on benefits

ex. gieco - 15 mins can save u
ex. apple make ppl more familair with their tech by holding teaching classes
ex. google trands - how to play baseball ... little league could act on this
and bring in consumers

, ▶ inbound marketing Answer: providing the information people are
seeking out

▶ what is consumer buying? Answer: consumers buy self esteem

ex. luxury cars
ex. cam newton endorsed under armor gear
ex. gatorade mj endorsed

▶ use social media to ... Answer: brand yourself
get exposure
better your brand

▶ marketing IS Answer: consumer behavior

▶ consumer behavior Answer: we are always consuming

past consumptions
currently always consuming
planning future consumption

▶ inputs --> process --> sales Answer: billboards --> customers seeing
and liking --> sales of that product

under armor --> cam newton --> sales

proces = black box
- emotions
- thoughts
- needs
- emotions
- wants
- memories
- learning

▶ how can we influence each stage Answer: need recognition
information search
alternative eval
purchase
consumption

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