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MKTG. 3.01-3.04 Spring 2013

AB
Sales leveling offModify product
Why quality level importantReflects image of business
Product/Service MgmtEliminate slow sellers
Extend product's life cycleFind new uses
Why know product life cycle stageAdapt mktg. strategies
Why product's sales start decliningCompetitors have entered the mkt.
Technology method allows business to produce products for few customersmass customization
Use computer technology to obtain infotrack visitors to websites
Employees of co. obtain info at same timeintranet
Ethical issueenvironmentally friendly packaging
Unethical situationCo. embellishes info. on label
Strollers cause injuriesProduct liability
Cat food labeled for humansProduct recall
Broad product mixPromotes one-stop shopping
Why make changes to productsKeep up with changing preferences
Great taste - great pricePrice and quality
Durable - leightweightFeatures - benefits
Ink changes colorUnique characteristic
Why use brandsDifferentiate products
People become aware of the brandRecognition
Mktg function that helps consumers make decisionsPromotion
Mktg. function that comes up with improved productProduct/service management
Back to School SaleMarket planning
Customer is always firstMktg. concept
Shows company commitmentFunds for research
Take cloth bags for groceriesImproves quality of life
Customer orientation elementoffer products consumers want to buy
Promote products to Hispanic femalesDemographics
Consumers prefer reasonably priced recreational vehiclesPsychographic
Manny has idea for cleanserProduct
Implement marketing strategiesAchieve planned goals
Review customers' invoices to determineProduct preferences
Sales have dropped over past 3 monthsQuarterly inventory status/report
Use info in sales reportTo improve effectiveness of salespeople


CTE Department - Foods, Entrepreneurship, Personal Finance
Topsail High School
NC

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