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92 Cards in this Set

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What the promotional mix includes?

Personal selling, advertising, events, public relations, sponsorship, endorsments by celebrities, trasę peomotion to retailers, others

What's a guerilla marketing?

Steps od personal selling

Prospecting, approach, presentation, demonstration, answering objections, closing, follow-up, long-term relationship

What's a distribution?

Includes 5 issues.

Hurtownik

Wholesaler

Wydajnie

Efficiently

Ulotki

Flyers

Marketing partnerski

Affinity marketing

Witryna sklepowa

Storefronts

Automat do sprzedaży

Vending machines

Klikalność

Click-throughs

Uzupełnienie zapasów

Restock

Eksluzywny

Upscale/upmarket

Pośrednik

Intermediary

Programy częstotliwości

Frequency programs

Why building long-term relationship is so important?

AIM: persuade to mąkę repeat purchases

What are tools for developing customer relationship?

brand identity, frequency programs, community od buyers, affinity marketing, individual advertising, co-marketing, using CRM

Wewnętrzny

Internal

Pokazy

Displays

What's internal sales promotion?

To generate enthusiasm

Examples of pormotion od b2b products?

Trade shows, portofilios, deals, catalogues/brochures

Sales promotion for customers products? (8)

Special offers, bonus, coupons, drew sampler, in-store displays, games and content, special events, promotional items

Store retailing types (5)

convenience store, specjality store, discount store, supermarket, department store

Non-store retailing (4)

direct-response retailing, Internet retailing, automatic marchendising, direct-selling

Obsługa

Handling

Physical distribution conatin:

Warehousing (material handling, inventory control), customer service (order fulfilment, warranty, repair issues), logistic (movement of materials), transportation (shipping)

Logistyka wychodząca

Outbound logistics

Punkty sprzedaży detalicznej

Retail outlets

A potential customer is...

...a prospect

Informacja prasowa

Prezes release

Do you think sales is creative, challenging and fun?

- prospects are demanding, they demand to get the best product and they don' trust salespeople, so saleperson needs to convenience him that he just want to give him the great product


- fun, because selesperson need to be storyteller

Do you think advertising is important?

Yes, but good advertising, fitted to the product and target group. Advertising shows features of good and shows what customer could have if he will buy it. And it builds image of the company.

Does celebrities really use products they're advertise?

I think that good company will send products to people it is fitted so there's a chance that they do. For example celebrity who talk about environement and healthy lifestyle wouldn't advertise chips but rather some natural cosmetics.

niedoceniany

understimated

wzmacniać

reinforce

pozyskać

to obtain

natychmiastowy

immediate

rentowność

breakeven

próbowanie

attempts

utrzymać

maintain

uruchomić

Launch

przeglądanie

skimming

przybliżony

approximate

Zaprzestać

Discontinue

wycofać

withdraw

nadmuchany

inflated

Wznieść

Put up

Nisza

Niche

Powolny

Sluggish

Pod względem

In terms of

What marketing strategy includes (5)?

- analysis of business environement


- identification od target markets


- sales goals in terms of volume and revenue


- the marketing budget


- elements of the marketing mix

What marketing mix includes (4)?

Product


Price


Place


Promotion

What's fifth and sixth "P"?

Packaging and people

What's packaging for?

- attracts buyer's attention


- explains benefits of the product


- protects the product


- some kind of advantage

People, so it is:

knowledge, skills, personality

Total product offer includes:

- relationship between quality and price


- brand name and image


- packaging, service, speed od delivery etc.

Who is the target market for a product?

B2B, B2C, B2G

Which data are the easiest to collect?

That are already available (internal data and external - find on published sources).

Marketing research also includes:

- benchmarking


- look at customer buying patterns

Methods for segmenting a market (4):

- product-related (safety, luxury, durability etc.)


- demographic (age, gender...)


- psychographic (lifestyle, opinions...)


- grographical (post core, region...)

What are pricing strategies? (6)

Profitability


Market share


Matching the market leaders


Prestige pricing


Identifying the correct price point


Social objectives

What's profitability?

Business aim of achieving a return on investments by maximazing revenue and minimalizing costs.

Matching the market leaders is

setting price according to what is standard in the market

Market share

Increasing percentage od the market by selling at a low price even if it means that profits are also low

Prestige pricing

Setting a high price to maintain an image of quality and exclusivity

Social objectives

Government can subsidize prices do that low-income groups can afford a basic products.

Origin od new product ideas

- market research


- pre-sales and after-sales Staff listening to customers


- customers making direct suggestions


- competitor activity


- external changes in the market

Product line is

group od products that are physically similar

Product mix (range) is

assortment of product lines

Product life cycle (4):

introduction, growth, matury, decline

Brand is

a name, symbol, design that identifies a product

Trademark

Cannot be used by another producer

Steps of brand loyalty:

1. Brand awarness (=recogniztion)


2. Brand preference


3. Brand insistence

What's installations?

heavy equipment

Accessory equipments:

Eg. hand tools, photocopiers

Compontent partia:

eg. batteries

raw materials

eg. steel, leather

Supplies:

do not become part of the final product (eg. copy paper)

What's ethnography in marketing research?

Studying people's behaviour on natural environments.

Rentowność

Profitability

strata

Making a loss

Nasycenie

Saturation

wycofać się z rynku

Withdraw from the market

grupa reprezentatywna

A representative sample of people

Oszacować

Estimate

Example of political/legal items from PEST:

- UE regulations


- National government policy


- age structure of population

Economical issues from PEST:

- level of consumer spending


- unemployment, inflation


- costs of business

Social PEST:

- lifestyle changes


- changing tastes and fashions


- pressure from lobbies

Technological PEST:

- developments in IT


- new production methods

Is "mass-market" an old-fashioned concept?

It depends on the idea.

narzut

markup

Przeprowadzenie ankiety

Carrying out a survey

Nirzawodny

Reliable