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COB 300: Marketing Antwerp Questions and Answers 100% Pass

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  • Course
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  • COB 300

COB 300: Marketing Antwerp Questions and Answers 100% Pass Augmented Product - additional services and benefits actual product - attributes that combine delivery of core value core product - what buyer really buys product - bundle of benefits; more than tangible features brand equity - added ...

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  • January 8, 2025
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • COB 300
  • COB 300
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EmilyCharlene
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COB 300: Marketing Antwerp
Questions and Answers 100% Pass

Augmented Product - ✔✔additional services and benefits


actual product - ✔✔attributes that combine delivery of core value


core product - ✔✔what buyer really buys


product - ✔✔bundle of benefits; more than tangible features


brand equity - ✔✔added value endowed to products by brand


brand name - ✔✔spoken part of brand


brand mark - ✔✔symbol or design


consumer brand equity - ✔✔effect that brand knowledge has on consumer response to marketing of that

brand


financial brand equity - ✔✔discounted future income streams attributed to the brand


brand awareness - ✔✔association of brand name with category need


brand association - ✔✔strong, favorable, unique


vertical line extension - ✔✔same product line but different prices




X
Emily Charlene
Lead Athor

©All Rights Reserved, 2025

, 2|Page


horizontal line extension - ✔✔same product and same price


brand dilution - ✔✔loss of clear positioning and meaning


cannibalization - ✔✔new product eating up sales of old


product life cycle - ✔✔1. product development stage


2. introduction stage


3. growth stage


4. maturity stage


5. decline stage


Characteristics of a Service - ✔✔1. Intangibility


2. Inseparability


3. Inconsistency


4. Perishability


5. Absence of Ownership


7 P's of Service Marketing - ✔✔Product


Price


Place


Promotion


People




X
Emily Charlene
Lead Athor

©All Rights Reserved, 2025

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