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TOP 10 Learning Questions for

         Chapter 10
Crafting The Brand Position

  (D)evout - Mary Josette Enriquez
        December 16, 2011




   www.laymarketer.blogspot.com
Original question

           All Marketing strategy is built on STP
                                      _________

             a. segregation, targeting, & planning
                  b. segmentation, timing & piping
                       c. segmentation, targeting &
                                        positioning
                    d. systematization, targeting &
                                        positioning
                 e. segregation, timing & planning


                    www.laymarketer.blogspot.com
Improved question

    Globe’s Unlitext 20 for students who are
    prepaid subscribers is an example of a
    marketing strategy built on
   a. segregation, targeting, & preparation
   b. segmentation, timing & planning
   c. segmentation, targeting & positioning
   d. systematization, targeting & positioning
   e. specialization, timing & preference


               www.laymarketer.blogspot.com
Concept

             Developing & Communicating
                 A Position Strategy

          All marketing strategy is built on STP:
          Segmentation, Targeting and Positioning

      A company discovers different needs and groups
    in the marketplace, targets those it can satisfy in a
    superior way, and then positions its offering so the
   target market recognizes the company's distinctive
                                   offering and image.


                www.laymarketer.blogspot.com
Concept Explanation

                               Segmenting
                    (breaking down a diverse market into
 Example: Students         homogeneous groups)           Segments should
                                       ↓                      be
                                                       measurable, sizea
                                 Targeting                   ble,
                    (choosing a specific segment for your reachable !
                                                         and
   Example: Prepaid
                                 campaign)
     subscribers                       ↓
                                Positioning
                     (designing a distinctive message to
                      appeal to the targeted segment)
   Example: Practicality for students
    with limited budget--Unlimited
       texting for only 20 pesos


                      www.laymarketer.blogspot.com
All Marketing strategy is built on STP
                           _________
        a. segregation, targeting, & planning
            b. segmentation, timing & piping
    c. segmentation, targeting & positioning
 d. systematization, targeting & positioning
            e. segregation, timing & planning




     www.laymarketer.blogspot.com
      www.maryjosetteienriquez.blogspot.com
  12/11/11
Globe’s Unlitext 20 for students who are
prepaid subscribers is an example of a
marketing strategy built on
a. segregation, targeting, & preparation
b. segmentation, timing & planning
c. segmentation, targeting & positioning
d. systematization, targeting & positioning
e. specialization, timing & preference



           www.laymarketer.blogspot.com
TOP 10 Learning Questions for
     Setting Product Strategy
            Chapter 12

          Adventurer Alex Go
               12.16.11




      www.laymarketer.blogspot.com
An example of durable goods is ____.

A.   Wine
B.   Printer
C.   Tortilla Chips
D.   Tissue
E.   Ink Cartridge




            www.laymarketer.blogspot.com    9
An example of durable goods is ____.

A.   HP printing solutions
B.   Printer
C.   Printing operator
D.   Paper
E.   Ink Cartridge




            www.laymarketer.blogspot.com    10
Product classifications are essential in
  identifying appropriate marketing mix strategies


Accdg. to durability and tangibility, products can
   be classified into 3 types:
  1.   Non-durable goods – tangible, once or a few
       uses
  2.   Durable goods – tangible, many uses
  3.   Services - intangible




            www.laymarketer.blogspot.com             11
Durable goods are those that normally survive
many uses

Some examples are: electronic gadgets,
  printers & cars.




       www.laymarketer.blogspot.com         12
2. An example of durable goods is ____.

A.   Wine
B.   Printer
C.   Tortilla Chips
D.   Tissue
E.   Ink Cartridge




            www.laymarketer.blogspot.com       13
An example of durable goods is ____.

A.   HP printing solutions
B.   Printer
C.   Printing operator
D.   Paper
E.   Ink Cartridge




            www.laymarketer.blogspot.com    14
It is the total features that affect how a product
     looks, feels, and functions in terms of customer
     req’ts.

A.   Form
B.   Style
C.   Design
D.   Customization
E.   None of the above




             www.laymarketer.blogspot.com            15
A product’s total features and functions, which
     ultimately satisfies customer requirements,
     refers to its _________.

A.   Form
B.   Style
C.   Design
D.   Customization
E.   None of the above




             www.laymarketer.blogspot.com          16
There are several ways that a product can
differentiate itself from the competition

               Form, Style, Design &
               Customization are some of
               the product aspects
               marketers use to stand out.




       www.laymarketer.blogspot.com          17
Only design covers the totality of the product
      features


•     Form
                              Either specific to
•     Style                   shape, size, look &
•     Customization           feel, custom made


•     Design                  Total features
    To the customer, a well-designed product is one
    that is pleasant to look at and easy to
    open, install, use, repair, and dispose of.

               www.laymarketer.blogspot.com            18
3. It is the total features that affect how a
     product looks, feels, and functions in terms of
     customer req’ts.

A.   Form
B.   Style
C.   Design
D.   Customization
E.   None of the above




             www.laymarketer.blogspot.com              19
A product’s total features and functions, which
     ultimately satisfies customer requirements,
     refers to its _________.

A.   Form
B.   Style
C.   Design
D.   Customization
E.   None of the above




             www.laymarketer.blogspot.com          20
TOP 10 Learning Questions for
        For Chapter 13
Designing and Managing Services



       Foglight Carlos Gonzaga
         December 15, 2011



                                    21
     www.laymarketer.blogspot.com
2. 24/7 Customer Service is an
example of

A.   standardized service-performance process
B.   good hiring and training procedures
C.   monitoring customer satisfaction
D.   surprising customers
E.   the evidence of service from the customer's
     point of view



         www.laymarketer.blogspot.com         22
The company HelpDesk is an
example of

A.   standardized service-performance process
B.   good hiring and training procedures
C.   monitoring customer satisfaction
D.   surprising customers
E.   the evidence of service from the customer's
     point of view



         www.laymarketer.blogspot.com         23
Three steps service firms can
take to increase quality control
     Invest in good hiring and training procedures –
Recruiting the right employees and providing them with excellent training

     Standardize the service-performance process -
A service blueprint can simultaneously map out the service process, the
    points of customer contact, and the evidence of service from the
                        customer's point of view.

                Monitor customer satisfaction -
          Employ suggestion and complaint systems, customer
                  surveys, and comparison shopping.




            www.laymarketer.blogspot.com                               24
Three steps service firms can
    take to increase quality control

               Monitor customer satisfaction -
          Employ suggestion and complaint systems, customer
                  surveys, and comparison shopping.


The company HelpDesk, especially for IT-related
inquiries, is a form of a suggestion and complaint
system that helps companies monitor employee
complaints.


            www.laymarketer.blogspot.com                      25
2. 24/7 Customer Service is an
example of

A.   standardized service-performance process
B.   good hiring and training procedures
C.   monitoring customer satisfaction
D.   surprising customers
E.   the evidence of service from the customer's
     point of view



         www.laymarketer.blogspot.com         26
The company HelpDesk is an
example of

A.   standardized service-performance process
B.   good hiring and training procedures
C.   monitoring customer satisfaction
D.   surprising customers
E.   the evidence of service from the customer's
     point of view



         www.laymarketer.blogspot.com         27
7. The Cell phone is an example
     of

A.   Pure tangible good
B.   Tangible good with accompanying services
C.   Hybrid
D.   Major service with accompanying minor goods and
     services
E.   Pure service




            www.laymarketer.blogspot.com               28
Del Computers and Toyota are
     examples of

A.   Pure tangible good
B.   Tangible good with accompanying services
C.   Hybrid
D.   Major service with accompanying minor goods and
     services
E.   Pure service




            www.laymarketer.blogspot.com               29
Categories of service mix
A.    Pure tangible good - the offering consists primarily of a tangible good
      such as soap, toothpaste, or salt. No services accompany the product.

B.    Tangible good with accompanying services - The offering
      consists of a tangible good accompanied by one or more services.
C.    Hybrid - The offering consists of equal parts goods and services. For
      example, people patronize restaurants for both the food and its preparation.
D.    Major service with accompanying minor goods and services -
      The offering consists of a major service along with additional services or
      supporting goods.
E.    Pure service - The offering consists primarily of a service. Examples
      include babysitting, psychotherapy, and massage.




                 www.laymarketer.blogspot.com                                        30
Categories of service mix

Tangible good with accompanying services

Typically, the more technologically advanced the
   product, the greater the need for a broad range of
   high-quality supporting services.
Examples include car makers and
computer manufacturers that
provide extensive customer
service to support their high-end
product offerings.
            www.laymarketer.blogspot.com                31
7. The Cell phone is an example
     of

A.   Pure tangible good
B.   Tangible good with accompanying services
C.   Hybrid
D.   Major service with accompanying minor goods and
     services
E.   Pure service




            www.laymarketer.blogspot.com               32
Del Computers and Toyota are
     examples of

A.   Pure tangible good
B.   Tangible good with accompanying services
C.   Hybrid
D.   Major service with accompanying minor goods and
     services
E.   Pure service




            www.laymarketer.blogspot.com               33
Chapter 14

Developing Pricing Strategies
       and Programs


              huaijunli




    www.laymarketer.blogspot.com
Question 2

 Please give the proper sequence in setting price initially
  for the products or services
1.Determine demand 2.select the price objective 3.analyze
competitor price mix 4.select final price 5.select price
  method 6.estimate costs
A216354
B 1 2 6 3 54
C123654
D213654
E12 3645

            www.laymarketer.blogspot.com
The following are steps in setting
product price except
a)   Selecting a pricing method
b)   Analyzing competitors' costs, prices, and
     offers
c)   Estimating costs
d)   Determining demand
e)   Company pricing policies



         www.laymarketer.blogspot.com
6 steps in setting product price
a)   Selecting the pricing objective
b)   Determining demand
c)   Estimating costs
d)   Analyzing competitors' costs, prices, and
     offers
e)   Selecting a pricing method
f)   Selecting the Final Price


         www.laymarketer.blogspot.com
Analysis

   The company first decides where it wants to position its market
    offering. The clearer a firm’s objectives, the easier it is to set price.
   Each price will lead to a different level of demand and will therefore
    have a different impact on a company’s marketing objectives
   Demand sets a ceiling on the price the company can charge for its
    product.
   The firm should first consider the nearest competitor’s price
   Given the customers’ demand schedule, the cost function, and
    competitors’ prices, the company is now ready to select a price
   Pricing methods narrow the range from which the company must
    select its final price


                 www.laymarketer.blogspot.com
Answer

 Please give the proper sequence in setting
  price initially for the products or services
1.Deterimne demand 2.select the price
  objective 3.analyze
competitor price mix 4.select final price 5.select
  price method 6.estimate costs
A216354
B 1 2 6 3 54
C123654
D213654
E 1 2 3www.laymarketer.blogspot.com
         645
The following are steps in setting
product price except
a)   Selecting a pricing method
b)   Analyzing competitors' costs, prices, and
     offers
c)   Estimating costs
d)   Determining demand
e)   Company pricing policies



         www.laymarketer.blogspot.com
Top 10 Concepts for Chapter 16
Managing Retailing, Wholesaling,
& Logistics

       Roger C. Mabag
      December 15, 2011



     www.laymarketer.blogspot.com
4. A type of retail organization where Independent retailers who set up a
central buying organization and conduct joint promotion efforts.



 a)   Corporate Chain Store
 b)   Voluntary Chain
 c)   Retailer Cooperative
 d)   Consumer Cooperative




            www.laymarketer.blogspot.com
The following are examples of a corporate
chain store except
a)   ACE Hardware
b)   Bench
c)   Savemore Supermarket
d)   Folded and Hung
e)   Toys R’ Us




        www.laymarketer.blogspot.com
CORPORATE RETAILING - Although many retail
stores are independently owned, an increasing number
are part of a corporate retailing organization. These
organizations achieve economies of scale, greater
purchasing power, wider brand recognition, and better-
trained employees than independent stores can usually
gain alone.




           www.laymarketer.blogspot.com
www.laymarketer.blogspot.com
4. A type of retail organization where Independent retailers who set up a
central buying organization and conduct joint promotion efforts.



 a)   Corporate Chain Store
 b)   Voluntary Chain
 c)   Retailer Cooperative
 d)   Consumer Cooperative




           http://upwarddodger.blogspot.com/

            www.laymarketer.blogspot.com
The following are examples of a corporate
chain store except
a)   ACE Hardware
b)   Bench
c)   Savemore Supermarket
d)   Folded and Hung
e)   Toys R’ Us




        www.laymarketer.blogspot.com
TOP 10 Learning Questions for

Designing and Managing Integrated Marketing
              Communication
             CHAPTER 17

      KATHLEEN ANNE MAMARADLO
           December 15, 2011



         www.laymarketer.blogspot.com
2. The following are examples of the Marketing
     Communications mix except:

A.   Events and experiences
B.   Public relations and publicity
C.   Word of mouth
D.   Sampling
E.   Personal Selling




            www.laymarketer.blogspot.com
Fairs and trade shows are examples of this
     marketing communication platform

A.   Events and experiences
B.   Public relations and publicity
C.   Direct and interactive marketing
D.   Advertising
E.   Personal Selling




            www.laymarketer.blogspot.com
Marketing Communications Mix

1. Advertising - Any paid form of nonpersonal presentation and promotion
of ideas, goods, or services by an identified sponsor
2. Sales promotion - A variety of short-term incentives to encourage trial or
purchase of a product or service
3. Events and experiences - Company-sponsored activities and programs
designed to create daily or special brand-related interactions
4. Public relations and publicity - A variety of programs designed to
promote or protect a company's image or its individual products



                   www.laymarketer.blogspot.com
Marketing Communications Mix

5. Direct marketing – Use of mail, telephone, fax, e-mail, or Internet to
communicate directly with or solicit response or dialogue from specific
customers and prospects
6. Interactive marketing - Online activities and programs designed to
engage customers or prospects and directly or indirectly raise
awareness, improve image, or elicit sales of products and services
7. Word-of-mouth marketing - People-to-people oral, written, or electronic
communications that relate to the merits or experiences of purchasing or
using products or services
8. Personal selling - Face-to-face interaction with one or more prospective
purchasers for the purpose of making presentations, answering
questions, and procuring orders

                    www.laymarketer.blogspot.com
Common Communication platforms




          www.laymarketer.blogspot.com
5. Considering the communication process,
what should the receiver first take note of in
preparing his message?

A.   Product
B.   Medium
C.   Competitors
D.   Possible ‘noise’
E.   Target audience




         www.laymarketer.blogspot.com
2. The following are examples of the Marketing
     Communications mix except:

A.   Events and experiences
B.   Public relations and publicity
C.   Word of mouth
D.   Sampling
E.   Personal Selling




             http://kathleenmamaradlo.blogspot.com
            www.laymarketer.blogspot.com             55
Fairs and trade shows are examples of this
     marketing communication platform

A.   Events and experiences
B.   Public relations and publicity
C.   Direct and interactive marketing
D.   Advertising
E.   Personal Selling




            www.laymarketer.blogspot.com
In crafting the product message, what should
be the company’s primary consideration?

A.   Product design
B.   Medium or channel
C.   Competitors
D.   Possible ‘noise’
E.   Target audience




        www.laymarketer.blogspot.com
Elements of the Communication
           Process




   www.laymarketer.blogspot.com
Elements of the Communication
                      Process




It’s important to begin with a clear target audience as this will be
 the basis of the content of the message, how it will be delivered
           as well as when and where it should be said.
                 www.laymarketer.blogspot.com
5. Considering the communication process,
what should the receiver first take note of in
preparing his message?

A.   Product
B.   Medium
C.   Competitors
D.   Possible ‘noise’
E.   Target audience




         http://kathleenmamaradlo.blogspot.com
        www.laymarketer.blogspot.com
In crafting the product message, what should
be the company’s primary consideration?

A.   Product
B.   Medium
C.   Competitors
D.   Possible ‘noise’
E.   Target audience




        www.laymarketer.blogspot.com
TOP 10 Learning Concepts

Ch 18 Managing Mass Communications




            Ching D. Marcial
           December 22, 2011



    www.laymarketer.blogspot.com
Question 1




______________ is one of the five (5) steps In
developing an advertising program, which aims to
evaluate communication strategies and sales effects.

 A. Evaluation
 B. Measurement
 C. Advertisement Evaluation
 D. Strategic Measurement

                                                       63
         www.laymarketer.blogspot.com
______________ is a step in the development of an
 advertising program, which tells the company if the
 program has impacted sales and company reputation.


A. Evaluation
B. Review
C. Market share
D. Measurement
E. Media planning




                                                   64
          www.laymarketer.blogspot.com
Concept


          The 5 steps in developing an Advertising program



                                  MESSAGE




MISSION          MONEY                            MEASUREMENT




                                   MEDIA




                www.laymarketer.blogspot.com
Concept Explanation

            The 5 steps in developing an Advertising program

                                      MESSAGE
                                   Generate, evaluate,
                                     select, execute


  MISSION           MONEY                                MEASUREMENT
Sales Goals and   Advertising                            Communication and
  advertising       Budget                                  Sales impact
   objectives



                                        MEDIA
                                   Reach, frequency,
                                   Impact, channels



                  www.laymarketer.blogspot.com
Answer 1




______________ is one of the five (5) steps In
developing an advertising program, which aims to
evaluate communication strategies and sales effects.

 A. Evaluation
 B. Measurement
 C. Advertisement Evaluation
 D. Strategic Measurement

                                                       67
         www.laymarketer.blogspot.com
             www.chingmarcial.blogspot.com
______________ is a step in the development of an
 advertising program, which tells the company if the
 program has impacted sales and company reputation.


A. Evaluation
B. Review
C. Market share
D. Measurement
E. Media planning




                                                   68
          www.laymarketer.blogspot.com

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Consolidated questions ch10 to ch18 carlos gonzaga

  • 1. TOP 10 Learning Questions for Chapter 10 Crafting The Brand Position (D)evout - Mary Josette Enriquez December 16, 2011 www.laymarketer.blogspot.com
  • 2. Original question All Marketing strategy is built on STP _________ a. segregation, targeting, & planning b. segmentation, timing & piping c. segmentation, targeting & positioning d. systematization, targeting & positioning e. segregation, timing & planning www.laymarketer.blogspot.com
  • 3. Improved question Globe’s Unlitext 20 for students who are prepaid subscribers is an example of a marketing strategy built on a. segregation, targeting, & preparation b. segmentation, timing & planning c. segmentation, targeting & positioning d. systematization, targeting & positioning e. specialization, timing & preference www.laymarketer.blogspot.com
  • 4. Concept Developing & Communicating A Position Strategy All marketing strategy is built on STP: Segmentation, Targeting and Positioning A company discovers different needs and groups in the marketplace, targets those it can satisfy in a superior way, and then positions its offering so the target market recognizes the company's distinctive offering and image. www.laymarketer.blogspot.com
  • 5. Concept Explanation Segmenting (breaking down a diverse market into Example: Students homogeneous groups) Segments should ↓ be measurable, sizea Targeting ble, (choosing a specific segment for your reachable ! and Example: Prepaid campaign) subscribers ↓ Positioning (designing a distinctive message to appeal to the targeted segment) Example: Practicality for students with limited budget--Unlimited texting for only 20 pesos www.laymarketer.blogspot.com
  • 6. All Marketing strategy is built on STP _________ a. segregation, targeting, & planning b. segmentation, timing & piping c. segmentation, targeting & positioning d. systematization, targeting & positioning e. segregation, timing & planning www.laymarketer.blogspot.com www.maryjosetteienriquez.blogspot.com 12/11/11
  • 7. Globe’s Unlitext 20 for students who are prepaid subscribers is an example of a marketing strategy built on a. segregation, targeting, & preparation b. segmentation, timing & planning c. segmentation, targeting & positioning d. systematization, targeting & positioning e. specialization, timing & preference www.laymarketer.blogspot.com
  • 8. TOP 10 Learning Questions for Setting Product Strategy Chapter 12 Adventurer Alex Go 12.16.11 www.laymarketer.blogspot.com
  • 9. An example of durable goods is ____. A. Wine B. Printer C. Tortilla Chips D. Tissue E. Ink Cartridge www.laymarketer.blogspot.com 9
  • 10. An example of durable goods is ____. A. HP printing solutions B. Printer C. Printing operator D. Paper E. Ink Cartridge www.laymarketer.blogspot.com 10
  • 11. Product classifications are essential in identifying appropriate marketing mix strategies Accdg. to durability and tangibility, products can be classified into 3 types: 1. Non-durable goods – tangible, once or a few uses 2. Durable goods – tangible, many uses 3. Services - intangible www.laymarketer.blogspot.com 11
  • 12. Durable goods are those that normally survive many uses Some examples are: electronic gadgets, printers & cars. www.laymarketer.blogspot.com 12
  • 13. 2. An example of durable goods is ____. A. Wine B. Printer C. Tortilla Chips D. Tissue E. Ink Cartridge www.laymarketer.blogspot.com 13
  • 14. An example of durable goods is ____. A. HP printing solutions B. Printer C. Printing operator D. Paper E. Ink Cartridge www.laymarketer.blogspot.com 14
  • 15. It is the total features that affect how a product looks, feels, and functions in terms of customer req’ts. A. Form B. Style C. Design D. Customization E. None of the above www.laymarketer.blogspot.com 15
  • 16. A product’s total features and functions, which ultimately satisfies customer requirements, refers to its _________. A. Form B. Style C. Design D. Customization E. None of the above www.laymarketer.blogspot.com 16
  • 17. There are several ways that a product can differentiate itself from the competition Form, Style, Design & Customization are some of the product aspects marketers use to stand out. www.laymarketer.blogspot.com 17
  • 18. Only design covers the totality of the product features • Form Either specific to • Style shape, size, look & • Customization feel, custom made • Design Total features To the customer, a well-designed product is one that is pleasant to look at and easy to open, install, use, repair, and dispose of. www.laymarketer.blogspot.com 18
  • 19. 3. It is the total features that affect how a product looks, feels, and functions in terms of customer req’ts. A. Form B. Style C. Design D. Customization E. None of the above www.laymarketer.blogspot.com 19
  • 20. A product’s total features and functions, which ultimately satisfies customer requirements, refers to its _________. A. Form B. Style C. Design D. Customization E. None of the above www.laymarketer.blogspot.com 20
  • 21. TOP 10 Learning Questions for For Chapter 13 Designing and Managing Services Foglight Carlos Gonzaga December 15, 2011 21 www.laymarketer.blogspot.com
  • 22. 2. 24/7 Customer Service is an example of A. standardized service-performance process B. good hiring and training procedures C. monitoring customer satisfaction D. surprising customers E. the evidence of service from the customer's point of view www.laymarketer.blogspot.com 22
  • 23. The company HelpDesk is an example of A. standardized service-performance process B. good hiring and training procedures C. monitoring customer satisfaction D. surprising customers E. the evidence of service from the customer's point of view www.laymarketer.blogspot.com 23
  • 24. Three steps service firms can take to increase quality control Invest in good hiring and training procedures – Recruiting the right employees and providing them with excellent training Standardize the service-performance process - A service blueprint can simultaneously map out the service process, the points of customer contact, and the evidence of service from the customer's point of view. Monitor customer satisfaction - Employ suggestion and complaint systems, customer surveys, and comparison shopping. www.laymarketer.blogspot.com 24
  • 25. Three steps service firms can take to increase quality control Monitor customer satisfaction - Employ suggestion and complaint systems, customer surveys, and comparison shopping. The company HelpDesk, especially for IT-related inquiries, is a form of a suggestion and complaint system that helps companies monitor employee complaints. www.laymarketer.blogspot.com 25
  • 26. 2. 24/7 Customer Service is an example of A. standardized service-performance process B. good hiring and training procedures C. monitoring customer satisfaction D. surprising customers E. the evidence of service from the customer's point of view www.laymarketer.blogspot.com 26
  • 27. The company HelpDesk is an example of A. standardized service-performance process B. good hiring and training procedures C. monitoring customer satisfaction D. surprising customers E. the evidence of service from the customer's point of view www.laymarketer.blogspot.com 27
  • 28. 7. The Cell phone is an example of A. Pure tangible good B. Tangible good with accompanying services C. Hybrid D. Major service with accompanying minor goods and services E. Pure service www.laymarketer.blogspot.com 28
  • 29. Del Computers and Toyota are examples of A. Pure tangible good B. Tangible good with accompanying services C. Hybrid D. Major service with accompanying minor goods and services E. Pure service www.laymarketer.blogspot.com 29
  • 30. Categories of service mix A. Pure tangible good - the offering consists primarily of a tangible good such as soap, toothpaste, or salt. No services accompany the product. B. Tangible good with accompanying services - The offering consists of a tangible good accompanied by one or more services. C. Hybrid - The offering consists of equal parts goods and services. For example, people patronize restaurants for both the food and its preparation. D. Major service with accompanying minor goods and services - The offering consists of a major service along with additional services or supporting goods. E. Pure service - The offering consists primarily of a service. Examples include babysitting, psychotherapy, and massage. www.laymarketer.blogspot.com 30
  • 31. Categories of service mix Tangible good with accompanying services Typically, the more technologically advanced the product, the greater the need for a broad range of high-quality supporting services. Examples include car makers and computer manufacturers that provide extensive customer service to support their high-end product offerings. www.laymarketer.blogspot.com 31
  • 32. 7. The Cell phone is an example of A. Pure tangible good B. Tangible good with accompanying services C. Hybrid D. Major service with accompanying minor goods and services E. Pure service www.laymarketer.blogspot.com 32
  • 33. Del Computers and Toyota are examples of A. Pure tangible good B. Tangible good with accompanying services C. Hybrid D. Major service with accompanying minor goods and services E. Pure service www.laymarketer.blogspot.com 33
  • 34. Chapter 14 Developing Pricing Strategies and Programs huaijunli www.laymarketer.blogspot.com
  • 35. Question 2  Please give the proper sequence in setting price initially for the products or services 1.Determine demand 2.select the price objective 3.analyze competitor price mix 4.select final price 5.select price method 6.estimate costs A216354 B 1 2 6 3 54 C123654 D213654 E12 3645 www.laymarketer.blogspot.com
  • 36. The following are steps in setting product price except a) Selecting a pricing method b) Analyzing competitors' costs, prices, and offers c) Estimating costs d) Determining demand e) Company pricing policies www.laymarketer.blogspot.com
  • 37. 6 steps in setting product price a) Selecting the pricing objective b) Determining demand c) Estimating costs d) Analyzing competitors' costs, prices, and offers e) Selecting a pricing method f) Selecting the Final Price www.laymarketer.blogspot.com
  • 38. Analysis  The company first decides where it wants to position its market offering. The clearer a firm’s objectives, the easier it is to set price.  Each price will lead to a different level of demand and will therefore have a different impact on a company’s marketing objectives  Demand sets a ceiling on the price the company can charge for its product.  The firm should first consider the nearest competitor’s price  Given the customers’ demand schedule, the cost function, and competitors’ prices, the company is now ready to select a price  Pricing methods narrow the range from which the company must select its final price www.laymarketer.blogspot.com
  • 39. Answer  Please give the proper sequence in setting price initially for the products or services 1.Deterimne demand 2.select the price objective 3.analyze competitor price mix 4.select final price 5.select price method 6.estimate costs A216354 B 1 2 6 3 54 C123654 D213654 E 1 2 3www.laymarketer.blogspot.com 645
  • 40. The following are steps in setting product price except a) Selecting a pricing method b) Analyzing competitors' costs, prices, and offers c) Estimating costs d) Determining demand e) Company pricing policies www.laymarketer.blogspot.com
  • 41. Top 10 Concepts for Chapter 16 Managing Retailing, Wholesaling, & Logistics Roger C. Mabag December 15, 2011 www.laymarketer.blogspot.com
  • 42. 4. A type of retail organization where Independent retailers who set up a central buying organization and conduct joint promotion efforts. a) Corporate Chain Store b) Voluntary Chain c) Retailer Cooperative d) Consumer Cooperative www.laymarketer.blogspot.com
  • 43. The following are examples of a corporate chain store except a) ACE Hardware b) Bench c) Savemore Supermarket d) Folded and Hung e) Toys R’ Us www.laymarketer.blogspot.com
  • 44. CORPORATE RETAILING - Although many retail stores are independently owned, an increasing number are part of a corporate retailing organization. These organizations achieve economies of scale, greater purchasing power, wider brand recognition, and better- trained employees than independent stores can usually gain alone. www.laymarketer.blogspot.com
  • 46. 4. A type of retail organization where Independent retailers who set up a central buying organization and conduct joint promotion efforts. a) Corporate Chain Store b) Voluntary Chain c) Retailer Cooperative d) Consumer Cooperative http://upwarddodger.blogspot.com/ www.laymarketer.blogspot.com
  • 47. The following are examples of a corporate chain store except a) ACE Hardware b) Bench c) Savemore Supermarket d) Folded and Hung e) Toys R’ Us www.laymarketer.blogspot.com
  • 48. TOP 10 Learning Questions for Designing and Managing Integrated Marketing Communication CHAPTER 17 KATHLEEN ANNE MAMARADLO December 15, 2011 www.laymarketer.blogspot.com
  • 49. 2. The following are examples of the Marketing Communications mix except: A. Events and experiences B. Public relations and publicity C. Word of mouth D. Sampling E. Personal Selling www.laymarketer.blogspot.com
  • 50. Fairs and trade shows are examples of this marketing communication platform A. Events and experiences B. Public relations and publicity C. Direct and interactive marketing D. Advertising E. Personal Selling www.laymarketer.blogspot.com
  • 51. Marketing Communications Mix 1. Advertising - Any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor 2. Sales promotion - A variety of short-term incentives to encourage trial or purchase of a product or service 3. Events and experiences - Company-sponsored activities and programs designed to create daily or special brand-related interactions 4. Public relations and publicity - A variety of programs designed to promote or protect a company's image or its individual products www.laymarketer.blogspot.com
  • 52. Marketing Communications Mix 5. Direct marketing – Use of mail, telephone, fax, e-mail, or Internet to communicate directly with or solicit response or dialogue from specific customers and prospects 6. Interactive marketing - Online activities and programs designed to engage customers or prospects and directly or indirectly raise awareness, improve image, or elicit sales of products and services 7. Word-of-mouth marketing - People-to-people oral, written, or electronic communications that relate to the merits or experiences of purchasing or using products or services 8. Personal selling - Face-to-face interaction with one or more prospective purchasers for the purpose of making presentations, answering questions, and procuring orders www.laymarketer.blogspot.com
  • 53. Common Communication platforms www.laymarketer.blogspot.com
  • 54. 5. Considering the communication process, what should the receiver first take note of in preparing his message? A. Product B. Medium C. Competitors D. Possible ‘noise’ E. Target audience www.laymarketer.blogspot.com
  • 55. 2. The following are examples of the Marketing Communications mix except: A. Events and experiences B. Public relations and publicity C. Word of mouth D. Sampling E. Personal Selling http://kathleenmamaradlo.blogspot.com www.laymarketer.blogspot.com 55
  • 56. Fairs and trade shows are examples of this marketing communication platform A. Events and experiences B. Public relations and publicity C. Direct and interactive marketing D. Advertising E. Personal Selling www.laymarketer.blogspot.com
  • 57. In crafting the product message, what should be the company’s primary consideration? A. Product design B. Medium or channel C. Competitors D. Possible ‘noise’ E. Target audience www.laymarketer.blogspot.com
  • 58. Elements of the Communication Process www.laymarketer.blogspot.com
  • 59. Elements of the Communication Process It’s important to begin with a clear target audience as this will be the basis of the content of the message, how it will be delivered as well as when and where it should be said. www.laymarketer.blogspot.com
  • 60. 5. Considering the communication process, what should the receiver first take note of in preparing his message? A. Product B. Medium C. Competitors D. Possible ‘noise’ E. Target audience http://kathleenmamaradlo.blogspot.com www.laymarketer.blogspot.com
  • 61. In crafting the product message, what should be the company’s primary consideration? A. Product B. Medium C. Competitors D. Possible ‘noise’ E. Target audience www.laymarketer.blogspot.com
  • 62. TOP 10 Learning Concepts Ch 18 Managing Mass Communications Ching D. Marcial December 22, 2011 www.laymarketer.blogspot.com
  • 63. Question 1 ______________ is one of the five (5) steps In developing an advertising program, which aims to evaluate communication strategies and sales effects. A. Evaluation B. Measurement C. Advertisement Evaluation D. Strategic Measurement 63 www.laymarketer.blogspot.com
  • 64. ______________ is a step in the development of an advertising program, which tells the company if the program has impacted sales and company reputation. A. Evaluation B. Review C. Market share D. Measurement E. Media planning 64 www.laymarketer.blogspot.com
  • 65. Concept The 5 steps in developing an Advertising program MESSAGE MISSION MONEY MEASUREMENT MEDIA www.laymarketer.blogspot.com
  • 66. Concept Explanation The 5 steps in developing an Advertising program MESSAGE Generate, evaluate, select, execute MISSION MONEY MEASUREMENT Sales Goals and Advertising Communication and advertising Budget Sales impact objectives MEDIA Reach, frequency, Impact, channels www.laymarketer.blogspot.com
  • 67. Answer 1 ______________ is one of the five (5) steps In developing an advertising program, which aims to evaluate communication strategies and sales effects. A. Evaluation B. Measurement C. Advertisement Evaluation D. Strategic Measurement 67 www.laymarketer.blogspot.com www.chingmarcial.blogspot.com
  • 68. ______________ is a step in the development of an advertising program, which tells the company if the program has impacted sales and company reputation. A. Evaluation B. Review C. Market share D. Measurement E. Media planning 68 www.laymarketer.blogspot.com