marketing

Cards (35)

  • What are the four floor plans for a shop?
    Loop, Free Flow, Spine, Grid
  • What are the pros and cons of different shop floor plans?
    They vary in layout efficiency and customer flow
  • What are some ways businesses promote their products or services?
    Advertising, sales promotions, public relations
  • What are the benefits of successful promotion and advertising?
    Increased customer awareness and sales
  • What are the risks of misleading promotions?
    Loss of customer trust and legal issues
  • Why are promotion and advertising essential for businesses?
    They help reach and engage customers effectively
  • What does promotion refer to in a business context?
    Methods to make customers aware of products
  • What strategies are included in a promotional mix?
    • Advertising (radio, TV, internet)
    • Sales promotion
    • Personal selling
    • Direct marketing
    • Public relations
  • How can advertising be categorized?
    Informative, persuasive, and corporate advertising
  • What is an example of informative advertising?
    Product details on TV or radio
  • What is the purpose of persuasive advertising?
    To appeal to emotions and drive purchases
  • What is corporate advertising?
    Promoting the entire company, not just products
  • What is social media marketing?
    Using social platforms to promote products
  • What is content marketing?
    Creating blogs or videos to engage customers
  • What is email marketing?
    Using email to communicate with customers
  • What is search engine optimization (SEO)?
    Optimizing websites to rank well in searches
  • What is pay-per-click advertising?
    Using ads to target specific keywords online
  • What should be included in a promotional methods presentation?
    • Business identification
    • Strategies used
    • Advantages of strategies
    • Disadvantages of strategies
    • Effectiveness and customer satisfaction impact
  • What is the definition of marketing?
    Process of attracting potential customers
  • Why is marketing important?
    It helps businesses connect with customers
  • What are the 5 P's of Marketing?
    1. Product
    2. Place
    3. Price
    4. Promotion
    5. People
  • What does 'product' refer to in marketing?
    Goods or services meeting customer needs
  • What should be considered regarding product quality?
    Safety, appeal, and regulatory standards
  • What does 'place' refer to in marketing?
    Distribution channels and locations for products
  • What is an example of a multi-channel approach in marketing?
    Pets at Home's physical and online stores
  • What does 'price' reflect in marketing?
    The value of the product to customers
  • What are pricing strategies?
    Discounts, premium pricing, or bundles
  • What is an example of tiered ticket pricing?
    Basic admission versus VIP package
  • What does 'promotion' include in marketing?
    Activities to inform and encourage purchases
  • What should be considered in promotional activities?
    Target audience, messaging, and budget
  • Who are 'people' in the marketing mix?
    Individuals representing the brand to customers
  • What is the role of employees in marketing?
    Delivering customer experiences and brand reputation
  • What is the purpose of the Pitch-Off Marketing Challenge?
    To convince investors to fund a product
  • What should be included in a marketing pitch?
    • Invent a product
    • Plan using the 5 P's
    • Highlight product value to customers
    • Be confident in presentation
  • What is the goal of delivering a perfect pitch?
    To impress and secure investment from investors