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MKT 365

Satisfactory Essays

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Midterm 6-7 rebecca sun Tue Oct 19 13:06:04 CDT 2010

To reach people who love to hunt, marketers would use psychographic segmentation
TRUE
Psychographic segmentation
Used by marketers to group people by values, attitudes, personality and lifestyle
The first step in market aggregation is to determine the primary demand trend within the targeted market
TRUE
The target market for dolls designed to embody the image of a proper Muslim woman is Arab parents as well as their Arab daughters
TRUE
As products enter the maturity stage of their product life cycle, prices tend to rise
FALSE
If the supply of a product is …show more content…

Target marketing
The research strategy is an element of the creative mix
FALSE
Product concept, research strategy, target audience, communication media and creative message. which is not an element of creative mix?
Research strategy
In which stage would advertisers rely on information published by research services such as ACNielsen, Arbitron, or Simmons on the reach and effectiveness of media vehicles?
Media selection
To increase the likelihood of preparing the most effective advertising messages, companies use: pretesting As Election Day approaches, especially during presidential campaigns, critics of politics decry low voter turnout. Advertising can be used to encourage people to change their habits. The first step that needs to be done is to: perform a situation analysis that pays special attention to voter attitudes about politics and politicians.
First step in marketing research process
To analyze the situation
At the second stage of the marketing research process, a researcher would:

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Conduct exploratory research
A research project on the viability of a cable channel designed to meet the needs of the gay market has concluded its informal research, it should:
Establish its research objectives
Two types of formal marketing research are
Quantitative

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