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ADV EXAM 1| 130 QUESTIONS| VERIFIED

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4 P's and defined Correct Answer: Product- good, service Place-distribution Price- $, value, need Promotions-PR, advertising Marketing def Correct Answer: activity, set of institutions, & process for creating, comm, delivering, & exchange offerings that have value for customers, clients, partners, & society at large PR def Correct Answer: strategic comm process that buids mutually beneficial relationships btw orgs & publics Advertising def Correct Answer: marketing comm intended to modify or maintain attitudes, beliefs, or behaviors What is a consumer? Correct Answer: person who ID a need or desire, makes a purchase, & then disposes of the product Consumption process Correct Answer: Google doc

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ADV EXAM 1| 130 QUESTIONS| VERIFIED
4 P's and defined Correct Answer: Product- good, service
Place-distribution
Price- $, value, need
Promotions-PR, advertising

Marketing def Correct Answer: activity, set of institutions, & process for creating,
comm, delivering, & exchange offerings that have value for customers, clients,
partners, & society at large

PR def Correct Answer: strategic comm process that buids mutually beneficial
relationships btw orgs & publics

Advertising def Correct Answer: marketing comm intended to modify or maintain
attitudes, beliefs, or behaviors

What is a consumer? Correct Answer: person who ID a need or desire, makes a
purchase, & then disposes of the product

Consumption process Correct Answer: Google doc

Demographics Correct Answer: statistics to measure observable aspects of a pop
-age
-gender
-family structure
-social class/income
-race/ethnicity
geography

TX demographics compared to US at large Correct Answer: Younger than US
More Hispanic
Less educated
Poorer
Less blacks/asians
More whites
Gender the same

, Market segmentation Correct Answer: Generic ads to reach everyone will fail b/c
no single everyone
ID groups of consumers similar to one another

Nature campaign aimed at African-Americans Correct Answer: Encourage AA to
spend time w/ children in nature
Purpose not always to sell a product-targeting demographics.

Lifestyles Correct Answer: * coined psychographics
-Personality
-Values
-Attitudes
-Interests
-Sense of self
-Sense of belonging
-activities we do in spare time

Wine consumers from lecture Correct Answer: -open to new experiences
-following their own path
-info savvy & confident
-desirous of intangibles, experiences, & emotions
-Having priorities in order
Eschewing brands or badges
-women

Love Marks Correct Answer: A brand that creates loyalty beyond reason. Kevin
Roberts, former CEO of Saatchi & Saatchi, presented this concept

Meaning of consumption Correct Answer: people often buy products not for what
they do, but for what they mean

User-generated content Correct Answer: When everyday people voice their
opinion or share info in a public online forum

Tiger Woods example from lecture Correct Answer: Example of UGC
Minute someone saved & shared on YouTube is UGC -->instant viral ad for Nike
golf

Motivation Correct Answer: Centers on behavior & why people:
-initiate them

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