I Core Marketing Final Exam – Complete Study Guide & Practice Questions.pdf
I Core Marketing Final Exam – Complete Study Guide & Practice Questions.pdf
I Core Marketing Final
Exam – Complete Study
Guide & Practice Questions
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
I Core Marketing Final Exam – Complete Study Guide & Practice Questions.pdf
I Core Marketing Final Exam – Complete Study Guide & Practice Questions.pdf
I Core Marketing Final Exam – Complete Study Guide & Practice Questions
,I Core Marketing Final.pdf I Core Marketing Final.pdf I Core Marketing Final.pdf
Terms in this set (102)
Product: Anything that is of ___ to a consumer and can value, voluntary marketing exchange
be offered through a ___ ___ ___. Includes goods,
services, places, ideas, organizations, people, and
communities
Types of Products: Consumer (4) Speciality, Shopping, Convenience, Unsought
Specialty: Consumers show such a strong ___ that they preference, search
will expand considerable effort to ___
Shopping: Consumers will spend a fair amount of alternatives
time comparing ___
Convenience: Consumer is willing to spend ___ effort minimum
to evaluate prior to purchase
Unsought: Consumers either do not normally think of buying
___ or do not know about
I Core Marketing Final.pdf I Core Marketing Final.pdf I Core Marketing Final
, I Core Marketing Final.pdf I Core Marketing Final.pdf I Core Marketing Final.pdf
Product Line Breadth: Number of ___ ___ in a ___ ___ (may number of product lines in a product mix
be too costly to maintain)
Product Line Depth: Number of ___ within a ___ ___ (may number of categories within a product line
cannibalize brands)
Increase Product Line Depth Example: Band-Aid now products
has over 40 ___ to heal cuts
Decrease Product Line Depth: McCormick spices ___ eliminates
dozens of products each year
Increase Product Line Breadth: Firms often add new product lines
___ ___ to capture new or evolving markets
Decrease Product Line Breadth: When a firm ___ an drops, competitive
entire line of goods that are no longer ___ or are not
performing well
I Core Marketing Final.pdf I Core Marketing Final.pdf I Core Marketing Final