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Unit 3- Marketing
Industrial and Consumer Marketing
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Created by
Riya Roshan
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Cards (19)
What is the focus of industrial marketing?
Specialist
buyers and larger transactions
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What factors influence industrial marketing decisions?
Quality
and
pricing
of products
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How does the nature of the buyer affect pricing in industrial marketing?
Suppliers can charge
higher
prices based on
buyer
type
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What is the significance of the buy-seller relationship in industrial marketing?
It influences
buyer
decisions
and
advertising
strategies
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What is the focus of consumer marketing?
Specialty,
convenience,
and shopping products
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How are specialty products characterized in consumer marketing?
They have
unique
characteristics and brand
image
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What defines convenience products in consumer marketing?
Regularly
consumed and easily
accessible
items
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How do shopping products differ from convenience products?
They are purchased
less
regularly and involve
comparison
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What is the relationship between brand loyalty and purchasing decisions?
Brand
loyalty can lead to less price
sensitivity
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What are the main elements that make a product attractive to customers?
Reliability
,
function
, size,
convenience
, and fashion
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What is a key feature of product design related to compatibility?
Compatibility with other
devices
is essential
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Why is convenience of use important in product design?
It enhances
customer satisfaction
and usability
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What aspect of product design relates to fashion?
Fashion
influences
customer
attraction and preference
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What type of transactions are emphasized in industrial marketing?
Larger transactions with
specialist
buyers
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What does "loboter knowledge" refer to in the context of industrial marketing?
It likely refers to
buyer knowledge
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What does the term "critical" imply in the context of buyer decisions?
It indicates the importance of
informed
choices
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What does "image brand uken" likely refer to?
It likely refers to
brand image
and loyalty
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What does "tend to travel for them" imply in consumer behavior?
Consumers may seek
products
from
distant
locations
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What does the phrase about high profits imply for customer behavior?
Customers
may
remain
loyal
for
higher
profits
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