QUESTIONS WITH ANSWERS GRADED A+ 2025/2026
Brand relevance - Occurs when there is only one relevant choice, making all other
brands irrelevant
Brand purpose - The reason the brand exists, goes beyond just selling
Brand storytelling - Expressing the mission, vision, values, and passion of a brand
through a narrative that draws in the audience
Brand differentiation - How a brand or brand family is delineated, including line
extension, brand extension, flanker brands, down market and up market extensions, co-
branding, etc.
Brand experience - The totality and quality of the interactions and engagements a
customer has with a company, informing their perception and opinion of the brand
Purchase decision - Factors influencing a customer's decision to purchase a product or
service, including loyalty and rewards, ordering ease and convenience, user
experience, interaction, transparency, and purpose
Demographics - Variables such as age, gender, education level, family size, occupation,
income, etc.
Psychographics - Intrinsic traits of a target customer, such as values, personalities,
interests, attitudes, conscious and subconscious motivators, lifestyles, and opinions
Lifestyle - The way a person lives and behaves, including their activities, interests, and
opinions
AIO - Activity, interest, and opinion - factors used in psychographic segmentation
Buying process - The process a business goes through when making a purchase,
including the buying center, influencers, decision makers, buyers, and gatekeepers
Persona - A semi-fictional representation of an ideal customer
What is Ingredient branding? - a Brand features Another brand in its product
Why do we buy? - Functional, habitual, cost, emotional, social, self expressive benefits
What is an upmarket extension? - Involves introducing a brand at a higher price point
What is equal pay cobranding? - Both brands are featured prominently
, What is sponsorship branding? - Two or more brands sponsor an event such as sports
for shared exposure and goodwill
Consumer buying process - Recognize problem, information, search, evaluation of
alternatives, purchase decision, purchase, post purchase evaluation.
What is a line extension? - Add a new product to an existing line
What is a Brand extension? - When a brand is extend it to a completely new product
category.
What is a flanker brand? - When a company already offering a brand in that product
market introduces a new brand to serve a different segment of that market.
What is a down market extension? - The companies introducing a Brand target at an
audience, looking for a lower price point
What is a holistic marketing concept? - Looks at the interconnectedness between
marketing and other aspects and departments of the business.
What is a societal marketing concept? - Looks at the benefit of the product or service to
society as a whole noches the individual consumer.
What is a marketing concept? - Focused on meeting the needs and wants of the market
and seek feedback from the market
What is a production concept? - Companies using this concept believe that success
comes from making products that are readily available in highly affordable
What is a product concept? - Focuses on efficient and cost-effective mass production
profits primarily from a low cost unit
What is a Selling concept? - That left alone consumers will not buy and need to be
pushed to purchase through more aggressive, promotional efforts
What is channel conflict? - This occurs when the same or competing channels have
conflicting goals
What is customer experience? - The totality and quality of the interactions and
engagement. A customer has with a company there by informing the perception in
opinion of the brand.
What is the buyers journey? - The buyers journey includes the awareness, stage
consideration stage and decision stage