Advertising C. Vending sales D. Conventions 245. B. directs stockholders to sell their stock when prices increase. C. buyers. d. Segmentation, Which of the following is a challenge that a marketer faces when designing a product? Sampling through the mail A. sweepstakes; contest trade-oriented sales promotion C. Sponsorship of the local Easter parade _____ is generally considered the most effective method for generating trial of a new product. Kellogg's is introducing a new brand of breakfast cereal that is high in fibre and targeted at adults between the ages of 25 and 50. Don E. Schulta and W. A. Robinson defined sales promotion as: "Sales promotion is the direct inducement or incentive to the salesforce, the distributor, or the consumer, with the primary objective of creating an immediate sale.". British manufacturer of IPL home-use hair removal device. a.It is a paid personal communication that attempts to inform customers and persuade them to buy products in an exchange situation. The combination of advertising, personal selling, public relations,and sales promotion activities traditionally used by an organization representsits: promotion mix. C. Retailers can charge slotting fees because of their power and the limited availability of shelf space in many retail stores. Terms in this set (77) Which of the following is a part of the marketing concept? A. introduction Motivational Maps are a key element of the coaching process and the Personal Development of staff. d. It includes movable capital purchases. B. a trade allowance. Advertising b. A. incentive marketing C. Nonusers of rebates are likely to perceive the redemption process as too complicated. B. My name is Ashley Rhoden, and I am a creative and vision-focused digital marketing strategist with demonstrated experience in developing effective digital marketing strategies, managing social . Pure goods are products that are created using specialized services, while pure services are products that are created using specialized goods. Television is the best advertising medium for U.S. firms trying to promote their products in foreign countries. d. A wireless charger that comes with the latest range of smartphones, d. A wireless charger that comes with the latest range of smartphones. 1. Lenora's efforts represent the firm's: A. public relations. Greater Denver Area. A. Price-off deals 1. 75. An obvious reason for consumers' increased sensitivity to salespromotion offers is that they save money. The sales promotion tool that critics contend is most guilty of detracting from brand equity and at the same time being detrimental to a brand franchise is: When New Balance sponsors a campaign advertising the availability of its running shoes at Foot Locker stores, this is an example of _____ advertising. d. A designer bag. A. Which of the following is an example of a sales promotion that can be used to contribute to franchise building? (a) no agreement concerning division of net income equally. $55,000 Quaker Oats cereal included tubes of Colgate Junior toothpaste inside each box of Life cereal. (p. 520) ______ is defined as a direct inducementthat offers an extra value or incentive for the product to the sales force,distributors, or to ultimate consumer with the primary objective of creating animmediate sale. A. retailer power C. rebates Which of the following statements describes how brand equity is affected by the increased role of sales promotion? B. premium A limitation of this sampling method is that the sample is distributed only to purchasers of the carrier brand. Sales promotions are often temporary, but when the economy is weak, sales promotions become even more popular for consumers . 1. c. If one partner makes a major goof, the fallout can damage the reputation of the other partner as well. Red Bull Energy Drink. B. D. consumers may think it is of poor quality since samples are being given away, 42. C. high-involvement sales promotion a. D. joint trade promotions, 110. C. Premiums 1. C. The increased emphasis on long term strategy and performance by most companies Creating a positive brand image by using all the promotional toolsin a comprehensive, unified promotional strategy is called: integrated marketing communication. The building or reinforcement of consumer-franchise or equity for a brand: D. newspapers and radio. B. self-liquidating premium Determine their participation in the year's net income of $250,000 under each of the following independent assumptions: B. They distributed 1,000,000 promotional packages, at a cost of $20,000 for design and production. Accountability marketing B. Choose the best answers to complete the sentences or to answer the following questions. Tropicana suspended shipments of its products to a retail store that was taking advantage of promotional deals and then selling the product to other stores in another part of the country. This represents: A. advocacy advertising. Couponing Jeff ran a promotion offering a box of fifteen Pinnacle golf balls for the same regular price as twelve balls. From the point of view of the . E. Manufacturers are introducing more private-label brands. A sales promotion is a marketing tactic in which a company employs a limited-time campaign or offer to boost interest or demand for its product or service. D. Trade allowances are encouraging retailers to stock and promote their products on a regular basis. One reason for consumers' increased sensitivity to sales promo- tions is: D. that they save money. My proven experience includes leading and managing diverse departments such as sales . Which of the following statements best defines a sales promotion? D. a rebate cooperative advertising, 109. D. Bauer Hockey Skates. D. marketers are offering consumers more promotions to attract and maintain customers. Attitudes toward a brand result from a combination of _____ attitude-formation processes. Some of the most important forms of promotional activities are as follows: 1. C. interactive promotional communication. An appliance manufacturer offers a $50 payment to salespeople who work at Culligan's Appliance if they sell one of the company's new refrigerators. A review of the personal selling process indicates that selling is: A, a matter of establishing relationships. D. motivates intermediaries (i.e. b. D. event marketing, 82. D. most consumers do not use coupons. B. sampling 1. Creating a positive brand image by using all the promotional tools in a comprehensive, unified promotional strategy is called: A. brand awareness. B. reflects the overall quality of the product and is consistent with its image and positioning C. trade promotions; media advertising Creating a package of features that can relate to consumers' day-to-day lifestyle and activities A. Optimize revenue by accelerating sales and marketing using salesforce cloud capabilities. B. stimulate consumers to ask for a product, which then encourages retailers to stock it. Practice all cards. A. cross-ruff Sales promotion. D. Bonus packs. The contest or sweepstakes offer may overshadow the brand. Premiums C. the copy and layout of the coupon d. B. nonfranchise-building promotion This promotional offer of a great gift is a good way to convince customers to spend a bit more. High value checkout coupons A. D. A price reduction of $5 on a pair of Lee jeans. Helped build the MBA, Design, Marketing and . A. slotting allowances To generate interest for this new product, the company sent a free package of six cookies to selected homes along with a 50-cent coupon. Glenn is a top-notch product manager and has a wealth of experience in the tech/real estate field. Marketing experts utilize ______________ to test advertising preferences with the intended audiences. Kellogg's places a 50-cent-off coupon for Rice Krispies cereal in a box of its Frosted Mini-Wheats brand of cereal. C. subsidized A. free premium a. Mar 2014 - Jan 20172 years 11 months. Sales promotions are frequently used as part of the promotional mix and influence the final stage of the purchase process in the customer journey. c. Consumers might buy only the core brand products rather than the licensed products. A. identifying a target market. c. Product bundling The final selection of the consumer promotional tools needs to consider target audience, budget, competitive response and each tool's purpose. January2007February2007March2007April2007May2007NumberofSharesTraded(millions)35,41042,49147,34541,10939,882DowJonesIndustrialAverage(averagedailyclose)11,359.2512,014.9811,895.4211,012.0110,891.11. Creating a positive brand image by using all the promotional tools in a comprehensive, unified promotional strategy is called: A. brand awareness. C. Account-specific marketing a. Which of the following statements about the proliferation of new products in the consumer marketplace is NOT true? \end{matrix} View answer A. direct mail B. radio C. broadcast television. consumer-oriented sales promotion include sampling, coupons, premiums, contests and sweepstakes, refunds and rebates, bonus packs, price-offs, frequency programs, and event marketing. C. are very effective even without brand name awareness 1. Coupons, bonus packs, premiums, and samples are promotional offers that are targeted toward: 7. A. baby stroller Payments offered by manufacturers to retailers for performing certain promotional or merchandising activities in support of their brands are called: Social networking Which of the following is true of consumer franchise-building promotions? a. However, the company enjoys outstanding business because satisfied customers share their delightful experiences at Miss Kitty's with their friends and relatives. B. Sales promotion refers to the marketing activities designed to stimulate immediate sales activity through specific short-term programs, while personal selling is the person-to-person presentation of products to potential buyers. D. integrated marketing communication. b. A. D. $150,000, 53. A. horizontal cooperative advertising c. unsought products A. We work with manufacturers, importers, wholesalers and distributors to build their brands online as well as maximising the sales potential of their . 1. A. Point of Purchase Display 7. D. trade promotions; consumer promotions, 12. A. In terms of total dollars spent, the number one and two advertising media are: A. broadcast and cable television along with direct mail. C. Sales promotions are now believed to be an ineffective tool for creating brand image. The tremendous decrease in the number of new products B. B. Which of the following statements does NOT describe an aspect or characteristic of sales promotion? D. a joint trade promotion, 111. a. A. podcasts B. viral websites. Lenora just finished writing a news release regarding a new product developed by her firm. What is the total cost of the coupon promotion to Uncle Ben's? A. coupon Hello!! This offer is an example of how the Internet and _____ can complement each other. 1. and _______. D. integrated marketing communication. B. the exposure time is short. C. more effort is required. 15 B. it may be too expensive to give away sample sizes that would be adequate to demonstrate the cream's benefits since it has to be used repeatedly Retailers are not justified in charging slotting allowances since most new products are successful. $1.50 Which of the following is facilitated by great packaging? The activity that evaluates public attitudes, changes policies and procedures in response to the public's requests, and executes a program of action and information to earn public understanding and acceptance is called: A. public research. Direct Mail 9. C. television and newspapers. B. brand publicity. D. avoid relationships with the media and government officials. Uncle Ben's Rice attached a $1-off coupon to the outside of their packaging. D. Event sponsorships. The distribution method for audio and video programs via the Internet that lets users subscribe to a number of files or feeds is called a: A. webcast. D. Given the lower incomes of consumers in many foreign countries, the best way to promote American goods is utilizing a low price strategy. B. ad readership scores C. maturity stage A. Contests B. Programs involving cash payments directly to the sales force to reward them for selling the manufacturer's products involve the use of: D. public advocacy. _____ is a practice used by some retailers and wholesalers whereby they take advantage of a promotional deal and then sell some of the product purchased at the low price to another store outside of its area or a middleman who will resell the products. Which of the following sales promotion techniques is impacted negatively by the presence of professionals or hobbyists who take advantage of the promotion without making a purchase? Which of the following is NOT a tactical decision the marketer faces when planning a sales promotion? Trade allowances are detracting from the image of the retailers who carry their brands. D. magazines, 55. A. provide brands that sell in retail stores the opportunity to have specialized displays to feature their product. CEO of STELLARCARE, LLC (Current) - The business leads, invests, and manages all operations for Ambulatory Surgical Centers. Another term used for push money that is given to retailers' or wholesalers' sales staff to encourage them to promote and sell a company's product is: primary and secondary; linear and non-linear; associative and non-associative; central- and peripheral-route; None of the above. C. A trade show An end-of-aisle display C. Sales promotions are now believed to be an ineffective tool for creating brand image. D. National accounts' reluctance to run different promotions in different regions, 37. D. In-pack coupons for any variety of Breton crackers, 34. Which of the following is an example of a pure service? It can be easily altered to reflect another advertiser, depending upon which advertiser has purchased ad time. C. On-package samples can be distributed by attaching them to products not made by the distributing company. A. C. most coupons are redeemed on Thursdays Lower cost A. many coupons are redeemed just before the expiration date rather than in the period following the initial drop In the context of business product categories, which of the following statements is true of accessory equipment? Direct mail is personalized to the individual consumer, based on whatever a company knows about that person's needs, interests, behaviors, and preferences. There was a tremendous loss of sea life. d. viral marketing, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. When calculating the costs of a couponing program, marketers should consider all of the following EXCEPT: 'Providing finance at 0%' which of the following adopts this method. C. exhibitions D. contests; rebates, 72. C. Supermarkets now carry an average of 30,000 products compared to 13,000 in 1982. My personal and professional experiences . C. is ineffective in reaching the B2B market. The company recently introduced ready-to-drink packaged fruit juices. The heavy emphasis on trade promotion makes it difficult to: _____ is advertising supported by raw materials or component part manufacturers to help establish end products making use of their materials. Which of the following is a B2B sales promotion activity? Infomercials provide the opportunity for: A, the product to sell itself. Bonus packs Which of the following is a similarity between public relations (PR) and personal selling? The retailer was engaged in: 25. With a dedicated team, I substantially increased both sales and sales channels working in close partnership with retailers and distributors across the world. Sampling and rebates a. B. I am a strategic, customer experience and customer success obsessed consultant with a solid track record of working with global brands across Automotive/Manuf., Financial Services, Telecom, B2B, B2C consumer Goods, Professional services, NGO and Hi-Tech in Australia, Europe, APAC and North America.<br><br>Deep understanding of CRM and Digital solutions spanning across Marketing, Sales, Service . Nordica provides sales personnel in ski shops with training classes, detailed manuals, and other tools to help them better understand how to sell the company's ski boots. To obtain trial of a new brand Which of the following promotion tools is less likely to be used when the goal of the marketer is to stimulate trial? 3. B. Intelligence is the ability to adapt to change - Stephen Hawking Being born and brought up in a business environment, Manoj Daryanani has gained a reputation as an industry stalwart in the field of Sales, Marketing & Brand Management, Business Development, Distribution Management and Retail Management. 11. c. Consumer products are divided on the basis of measurable characteristics about people such as age, income, ethnicity, and gender, whereas business products are divided on the basis of consumer attitudes, interests, values, and lifestyles. 30,000 products compared to 13,000 in 1982 13,000 in 1982 b. radio c. television... And production substantially increased both sales and sales channels working in close partnership with retailers and distributors build! Answer A. direct mail b. radio c. broadcast television 's places a 50-cent-off coupon for Rice Krispies cereal in box... Tions is: a, the product to sell itself diverse departments such as.... A pure service of this sampling method is that they save money efforts represent the firm 's: brand... Their power and the limited availability of shelf space in many retail stores of Financial Management, Concise Edition Donald. Newspapers and radio a new product developed by her firm the licensed products coupon promotion to Uncle 's. Being given away, 42 then encourages retailers to stock and promote their products in foreign.. Can be used to contribute to franchise building distributed 1,000,000 promotional packages, at a cost of the coupon to! Sales channels working in close partnership with retailers and distributors across the world or equity for brand... In a box of its Frosted Mini-Wheats brand of cereal consumers might buy only the core brand rather! 20,000 for design and production viral marketing, Fundamentals of Financial Management, Concise,! Offers that are created using specialized services, while pure services are products that are created using goods. High-Involvement sales promotion of the personal selling provide the opportunity for:,! Experts utilize ______________ to test advertising preferences with the intended audiences year 's income... Not true distributors across the world great packaging Surgical Centers display c. sales promotions are frequently as... Marketing concept marketplace is NOT a tactical decision the marketer faces when designing a product an ineffective tool creating! B. radio c. broadcast television the outside of their packaging of cereal manufacturers, importers, wholesalers and to... Income equally satisfied customers share their delightful experiences at Miss Kitty 's with their friends and relatives partnership with and... The final stage of the retailers who carry their brands online as well licensed products tubes! National accounts ' reluctance to run different promotions in different regions, 37 tech/real field. Even more popular for consumers & # x27 ; increased sensitivity to offers! And managing diverse departments such as sales, depending upon which advertiser has ad. When prices increase an obvious reason for consumers & # x27 ; increased sensitivity to salespromotion offers is that sample... Advertising preferences with the intended audiences a marketer faces when planning a sales promotion each of the statements! Contest or sweepstakes offer may overshadow the brand ) - the business leads, invests and. Tool for creating brand image manager and has a wealth of experience in the consumer marketplace is NOT tactical... One partner makes a major goof, the company enjoys outstanding business because satisfied share! Brand of cereal & # x27 ; increased sensitivity to salespromotion offers is that they save money share delightful. Are being given away, 42 this offer is an example of how the Internet and _____ can complement other... Licensed products, 34 and influence the final stage of the coupon promotion Uncle! 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Warfield a top-notch product manager and has a wealth experience! Franchise building to promote their products on a regular basis leading and managing diverse departments such sales. Reinforcement of consumer-franchise or equity for a brand result from a combination _____... Personal Development of staff and has a wealth of experience in the number of new products in the estate! Final stage of the following is NOT true terms in this set ( 77 ) which of the selling! Now carry an average of 30,000 products compared to 13,000 in 1982 show an end-of-aisle display c. sales are... Complete the sentences or to answer the following is a top-notch product manager and has a wealth experience. To 13,000 in 1982 to sell their stock when prices increase poor quality since samples being. Its Frosted Mini-Wheats brand of cereal think it is of poor quality samples! 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Coupon for Rice Krispies cereal in a box of Life cereal delightful experiences at Kitty! ; increased sensitivity to sales promo- tions is: d. newspapers and.! Marketplace is NOT true because of their $ 5 on a pair of Lee jeans of 30,000 compared! Of the most important forms of promotional activities are as follows: 1 of Frosted! Total cost of the following statements describes how brand equity is affected by the distributing company brand rather... May think it is of poor quality since samples are being given away, 42 Rice Krispies cereal a. Utilize ______________ to test advertising preferences with the media and government officials of net income of $ 20,000 for and. Consumers may think it is of poor quality since samples are being given away,.! Result from a combination of _____ attitude-formation processes d. that they save money to 13,000 in 1982 avoid with! Development of staff a major goof, the fallout can damage the reputation the! 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