translated qs

Cards (134)

  • Basic needs
    • Food
    • Clothing
    • Safety
  • Individual needs
    Needs of a single human being
  • Social needs
    Needs related to interactions with others
  • Physical needs
    Needs related to the physical body
  • Core concepts of marketing
    • Advertising
    • Trading
    • Value creation
    • Sales
  • Socially responsible marketing
    It gives customers a good feeling about the company
  • Social marketing topics criticized for restricting competition
    • The influence of marketing on the individual
    • The influence of marketing on other companies
    • The influence of marketing on society as a whole
    • The influence of marketing on the company
  • Consumerism
    The protection or promotion of the interests of consumers
  • Proposals to better protect consumers
    • More requirements for product safety
    • Improving consumer rights in case of corporate fraud
    • Limit the amount of noise in the advertising
    • Give more power to government agencies
  • Goal of marketing for environmentalists
    To maximize consumption
  • Bad-tasting mouthwash that doesn't work
    Defective product
  • Misleading labels
    Misleading promotion
  • Designing products to be replaced sooner than functionally possible
    Planned obsolescence
  • Dental floss from a social point of view
    Beneficial product
  • Levels of marketing planning
    • Business unit level
    • Market level
    • Product level
    • All these levels
  • Degree of market growth in BCG matrix
    Attractiveness of a market
  • Growth strategy for finding new demographics to buy a new Levi Strauss product
    Market development
  • Market segment
    A group of consumers who respond in a similar way to a given set of marketing efforts
  • Market positioning
    The arranging for a product to occupy a clear, distinctive and desirable place relative to competing products in the minds of target consumers
  • 4 Ps of marketing
    • Place
    • Product
    • Price
    • Promotion
  • Product
    The combination of products and service that the company offers to the target market
  • Marketing implementation
    The process of turning your marketing strategy into real-life actions: tasks and projects, people responsible for them, and deadlines
  • Company's mission
    Guided by vision
  • Factors not part of the macro environment

    • Competition
  • Advertising agency
    Marketing service agency
  • Environmental groups

    Action groups consisting of citizens
  • Basic beliefs and values
    Passed on from parents to their children and influenced by schools, churches, businesses and governments
  • Cultural environment aspect

    How people see themselves
  • Element of the microenvironment
    The company
  • Banks and insurance companies

    Financial service providers
  • Market that buys goods for further processing
    Industrial market
  • Buyers of products in other countries
    International market
  • Main cultural factors influencing consumer behavior
    • Culture
    • Subculture
    • Personality
  • Motivation theory developed by Freud
    Sees people as responding to an urge that is suppressed but can never be fully controlled
  • Phases of the buying decision process
    • Purchase decision
    • Evaluation of the alternatives
    • Collect information
  • Motivation theory developed by Maslow
    Views needs hierarchically
  • Dissatisfaction caused by difference between expectations and actual quality
    Cognitive dissonance
  • Parts of the DMU (decision-making unit)
    • Influencer
    • Buyer
    • Decision maker
  • Young & Rubicam's 4C's type that sees their fate not in their own hands but possibilities to escape existence
    The midgets
  • Classification system dividing consumers into 9 lifestyles
    VALS classification