Busy. Please wait.
Log in with Clever
or

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever
or

Username is available taken
show password

Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Ch. 11: Marketing Processes and Consumer Behavior

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Term
Definition
show activities, a set of institutions, and processes for creating, communicating, delivering and exchanging offerings that have values for customers, clients, partners, and society at large  
🗑
show relative comparison of a product's benefits versus its costs  
🗑
Possession Utility   show
🗑
Consumer Goods   show
🗑
show physical products purchased by companies to produce other products  
🗑
Relationship Marketing   show
🗑
show the compiling and storage of customers' data  
🗑
Data Mining   show
🗑
Substitute Product   show
🗑
Brand Competition   show
🗑
International Competition   show
🗑
show detailed strategy for focusing marketing efforts on consumers' needs and wants  
🗑
Marketing Objectives   show
🗑
Marketing Strategy   show
🗑
show the people responsible for planning, organizing, leading, and controlling the organization's marketing resources toward supporting and accomplishing the organization's overall mission  
🗑
Marketing Mix   show
🗑
Product Differentiation   show
🗑
Pricing   show
🗑
Place (distribution)   show
🗑
show aspect of the marketing mix concerned with the most effective techniques for communicating information about products  
🗑
show any form of paid non-personal communication used by an identified sponsor to persuade or inform potential buyers about a product  
🗑
show person-to-person sales  
🗑
Sales Promotion   show
🗑
show communication efforts directed at building goodwill and favorable attitudes in the minds of the public toward the organization and its products  
🗑
Integrated Marketing Strategy   show
🗑
Target Market   show
🗑
Market Segmentation   show
🗑
show process of fixing, adapting, and communicating the nature of a product  
🗑
Geographic Variables   show
🗑
show geographic units, from countries to neighborhoods, that may be considered in identifying different market segments in a segmentation strategy  
🗑
show describe populations by identifying traits, such as age, income, gender, ethnic background, marital status, race, religion, and social class  
🗑
Geo-Demographic Segmentation   show
🗑
show combination of geographic and demographic traits used in developing a segmentation strategy  
🗑
Psychographic Segmentation   show
🗑
show consumer characteristics, such as lifestyles, opinions, interests, and attitudes, that may be considered in developing a segmentation strategy  
🗑
show a segmentation strategy that uses behavioral variables to identify different market segments  
🗑
show behavioral patterns displayed by groups of consumers and that are used in developing a segmentation strategy  
🗑
show the study of what customers need and want and how best to meet those need and wants  
🗑
show research method that obtains data by watching and recording consumer behavior  
🗑
Survey   show
🗑
Focus Group   show
🗑
show research method using a sample of potential consumers to obtain reactions to test versions of new products or variations of existing products  
🗑
show study of the decision process by which people buy and consume products  
🗑
Psychological influences   show
🗑
Personal Influences   show
🗑
show include family, opinion leaders (people whose opinions are sought by others), and such reference groups as friends, coworkers, and professional associates that marketers use to study buying behavior  
🗑
Cultural Influences   show
🗑
show pattern of repeated consumer purchasing based on satisfaction with a product's performance  
🗑
show group of products consumers will consider buying as a result of information search  
🗑
show reasons for purchasing a product that are based on a logical evaluation of product attributes  
🗑
show reasons for purchasing a product that are based on nonobjective factors  
🗑
show firms engaged in the business of providing services to the purchasing public  
🗑
Industrial Market   show
🗑
show organizational market consisting of intermediaries that buy and resell finished goods  
🗑
Institutional Market   show
🗑
show type of marketing that relies on the internet to spread information like a "virus," from person to person about products and ideas  
🗑
Corporate Blogs   show
🗑


   

Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
 
To hide a column, click on the column name.
 
To hide the entire table, click on the "Hide All" button.
 
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
 
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.

 
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how
Created by: hwinkler59