MKTG

Promotion Strategy Advertising Public Relation Personal Selling Sales Promotion Social Media Communication Process by which meaning are exchanged or shared Competitive Advantage High Product Quality Rapid Delivery/ Ex: Drome Low Prices Excellent Services Unique Features Marketing Communication Interpersonal- Face to Face Mass- Message to a larger audience As a Sender: Inform Persuade Remind As Receiver: Develop Message Adapt Message Spot New ...

If a car company releases an affordable model, but the vehicle is only available in white, would it be successful in today's market? a. No, because consumers have specific wants b. Yes, the vehicle will be affordable c. No, white color is not appealing d. Yes, there is always a market for any product a. No, because consumers have specific wants What is the American Market Association's definition of marketing? a. The activity, set of institutions, and processes for creating, commu...

consumer decision-making process a five-step process used by consumers when buying goods or services need recognition result of an imbalance between actual and desired states want recognition of an unfulfilled need and a product that will satisfy it stimulus any unit of input affecting one or more of the five senses: sight, smell, taste, touch, hearing internal information search the process of recalling past information stored in the memory external infor...

Motivation; Motive The reason for behavior; a construct representing an unobservable inner force that stimulates and compels a behavioral response Self Actualization achieving one's full potential, including creative activities (part of self-fulfillment needs) Esteem Needs (Psychological Needs) Prestige and feeling of accomplishment Belongingness and love needs (Psychological Needs) Intimate relationships, friends Safety Needs (Basic Needs) Security, safety ...