jeopardy!!!!! round 1. 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 advertising part...

42
JEOPARDY!!!!! Round 1

Upload: rosemary-palmer

Post on 25-Dec-2015

225 views

Category:

Documents


1 download

TRANSCRIPT

JEOPARDY!!!!!

Round 1

200

300

400

500

100

200

300

400

500

100

200

300

400

500

100

AdvertisingPart 2

100

200

300

400

500

AdvertisingPart 1

PromotionalStrategies

Channels ofDistribution

There are this many channels of distribution – name them.

100

1. Direct

2. Indirect

3. Specialty

What is the difference between direct and indirect distribution?

200

Direct – connection between buyer and producer

Indirect – one or more intermediaries between buyer

and producer

Give two examples of specialty channels and products/services that may use them.

300

Vending Machine – pop, chocolate, chipsDoor to Door – sales people (knives, books,

doors and windows), charitiesTelemarketing – long distance, duct cleaning

E-Commerce – chapters, future shopCatalogues – Avon, Ikea

Name and define two types of intermediaries.

400

Wholesalers – buy from producer, sell to retailer

Importers – buy from abroad, sell to either wholesalers or retailers

Retailers – sell to customer or to another retailer

What is the difference between intensive, selective and exclusive distribution.

500

Intensive – sold everywhere ex. Milk, Chips, Pop

Selective – sold in a few places ex. MAC, Cargo, LaCoste, Lulu Lemon

Exclusive – sold in only one place ex. Laura Secord, Body Shop, GNC

brands

Name 5 of the 7 promotional strategies:

100

AdvertisingSales Promotion (coupons, discounts)

Promotional Items (pens, mugs)Personal SellingPublic Relations

SponsorshipDirect Mail

Trade Fairs/Exhibitions

Name two advantages of Public Relations:

200

Possible Answers:

Low costPreparedness (for unfortunate

events)Builds trust/reputation

Give two advantages and two disadvantages of TV advertising:

300

Possible Answers:

Advantages:High REACH, effective (video and

audio)Disadvantages:

Hard to narrow target market, high cost, long lead time

Name 3 types of sales promotions:

400

Coupons, Giveaways, Free Samples, Sweepstakes,

BOGO, Contests, Discounts

Name two advantages or two disadvantages of Personal Selling

500

Advantages:Builds relationship w/ customerPersuasive

DisadvantagesHigh CostMay not make the saleInterpersonal Conflicts

There are this many goals of advertising. Name them.

100

1. Brand Awareness and Positioning

2. Brand Trial3. Brand Preference4. Brand Reminder

5. Brand Repositioning

Using a celebrity to endorse a product would be this goal of advertising.

200

Brand Preference

This is the formula for an effective advertisement:

300

• AIDA

• Attention, Interest, Desire, Action

What are the 4 different Advertising Appeals:

400

1. Emotional

2. Biological

3. Informative/Rational

4. Social

Name 3 factors to consider in selecting advertising media:

500

• Cost• Reach

• Mechanical Requirements• Lead Time• Selectivity• Frequency

• Clutter• Durability

What are the different types of advertising media?

100

TVInternetRadio

MagazinesOut of Home (billboards, busses)

NewspapersDirect to Home (flyers)

Advertising is most important for products that are:

200

New – new iPodIdentical – fast food

Mass Marketed – chips, pop… Low Cost – milk, affordable cars (relative),

WalMartEasy to Describe – Chia Pets! (as opposed to

complex or complicated products)Heavily Competitive – Pain killers, shoes,

food, clothes

300

400

500