MKT Test 4
Starbucks has an agreement with PepsiCo through which Pepsi distributes Starbucks' coffee drink, Frappuccino, to grocery stores and other retail outlets. This is an example of ______________________________________________.
a strategic channel alliance
The fact that customers may buy "forward," or buy large amounts that keep them supplied for many months, is a drawback of _______________________________________.
buying allowance
A major benefit of using event sponsorship is that it _________________________________ _____________________________________________.
can provide large amounts of free media advertising
Michael's, PetSmart, and Staples are all examples of __________________________________.
category killers
When ASICS gives a portion of its profits to prostate cancer research for every pair of blue-themed Gel-Cumulus shoes sold, it is engaging in ______________________________ ________________________________________.
cause related marketing
_______________________________________, ______________________________________, and _______________________________________ are forms of competitive advertising.
comparative, reminder, reinforcement
A small self-service store that is open long hours and carries a narrow product mix in an expedient location is best described as a ___________________________________________.
connivence store
Product placement in television shows is becoming increasingly important due to _____________________________________________________________.
consumers greater ability to screen advertisements
When Coach agrees to pay Dillard's a certain proportion of the cost of providing television advertising and Sunday newspaper sales fliers emphasizing Coach purses, Coach is offering ___________________________________________.
cooperative advertising
____________________________________________ is the percentage of customers that stop using a product in a specific time period.
customer churn rate
A television advertisement for Miracle-Gro lawn fertilizer indicates that the product is available at Home Depot and Lowe's. This form of sales promotion is called a(n) ____________________________________________________.
dealer listing
By promoting the fact that avocados are good for you and can be used to make tasty snacks, the California Avocado Grower's Exchange attempted to stimulate __________________________________________________.
demand
After the advertising budget is determined, the next step in creating an advertising campaign is _____________________________________________.
developing the media plan
Pandora and Spotify allow users to listen to music through the Internet or other device. Pandora and Spotify are engaging in ______________________________________.
digital distribution
The increase in _____________________________________ is helping to reduce the cost of advertising for marketers and making advertising more frequent in mobile games and social media.
digital media
A marketing channel is defined as a group of individuals and organizations that _______________________________________________________________________________________.
directs the flow of products from producers to customers
Eliminating a wholesaler from a marketing channel will not _______________________ _____________________________________________________________.
eliminate the functions performed by that wholesaler
Promotional efforts designed to reduce the risk to consumers for using a product for the first time seek to _________________________________________.
encourage public trial
A schedule in which advertisements run for set periods of time, alternating with periods in which no ads are run is known as ______________________________________.
flighting schedule
Amy's Ice Cream offers its customers a stamp card that allows them to collect stamps for each purchase and then receive a free ice cream after they have filled an entire card with stamps. This is an example of a __________________________________________.
frequent user incentive
The Subaru Outback "Where the Heart Is" ad we watched in Chapter 16 is an example of _________________________________advertising?
institutional advertising
Pioneer advertising is most appropriate during the ___________________________________ stage of the product life cycle.
introductory
An open-air shopping center that features upscale specialty, dining, and entertainment stores, usually owned by national chains, is generally called a(n) _______________________________________________.
lifestyle shopping center
The kinds of products being sold and the availability of public transportation are both factors that influence a retailer's decision about _______________________________.
location
Category killers compete primarily on the basis of __________________________________.
low prices and enormous product availability.
The stage of the personal selling process in which the salesperson attempts to make a favorable impression, gather information about the customer's needs and objectives, and build a rapport with the prospective customers is called __________________________________________________.
making the presentation
Recognition and recall tests are posttest methods based on _________________________.
memory
Companies are increasingly using _____________________________________ to respond to changing consumer preferences to be able to buy a product wherever and whenever they desire
multichannel distribution
Anything that reduces the accuracy and clarity of communication is called ___________________________.
noise
A shopping center that contains stores owned by manufacturers who make a special effort not to conflict with traditional retailers is a(n) __________________________________.
outlet shopping center
The two major types of product advertising are________________________________ and ________________________________________.
pioneer and competitive
Katerina fell in love with a pair of shoes she saw Lizza wearing on Instagram. Katerina immediately went to the Zappos app on her phone, found the shoes, and ordered them for herself. In this case Zappos is providing ____________________________ utility..
place
As discussed in the Chapter 13 lecture, the Dunkin Donuts gift card is an example of ____________________________________ utility created by marketing channels.
possession
________________________________________ are items offered free or at minimal cost as a bonus for purchasing a product.
premiums
Large retailers such as Macy's and Kohl's are most likely to participate in which marketing channel? _________________________________________________________________.
producers, retailers consumers
Communication through the use of annual reports, event sponsorships, and news stories is referred to as ________________________________________.
public relations
When Hershey introduced Hershey's Cookie Layer Crunch, it promoted directly to consumers and told them to ask for the product at their favorite stores. This is an example of a ________________________________ policy.
pull
The supply chain begins with___________________________________________ and ends with__________________________________________________________
raw materials, finished goods
Sofia is driving to work on I-95 and notices a billboard for new salads at Wendy's. She reads the message and sees the pictures of the new salads. In this case, Sofia is the ______________________________________ and Wendy's is the __________________________ of this communication.
receiver, source
Dial Soap's advertising slogan "Aren't you glad you use Dial? Don't you wish everybody did?" exemplifies the use of _______________________________ advertising.
reinforcement
________________________________ is best characterized as transactions in which the buyer intends to consume the product through personal, family or household use.
retailing
Toastie's offers customers a card that allows them to have a free sandwich or wrap for every seven that have been purchased and provides various discounts throughout the year. The primary promotional objective of programs such as this is _____________________________________________________.
retaining existing customers
A large retailer selling food and most routinely purchased consumer products is a(n) ____________________________________________________.
superstore
A support salesperson who usually advises customers on product characteristics and application, system design, and installation procedures is a(n) _______________________.
technical salesperson
Reinforcement advertising is primarily targeted at ____________________________________.
the current users of a particular product.
A salesperson finds and analyzes information about each prospect's specific product needs, current use of and feeling about brands, and personal characteristics during __________________________________________________.
the preapproach
During the personal selling process, a salesperson, if possible, should handle objections when ________________________________________.
they arise
Having products available when customers want them creates _______________________.
time utility
The selling of merchandise in machines is generally called ____________________________.
vending
Eva went to shop at a local store called Oscar's, but found out that if she wanted to take advantage of their low prices, she would have to become a member. Oscar's is an example of a ________________________________________.
warehouse club