Exam 14: Promotion II: Social Media Marketing and Other Communication Tools

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A ________ is a loyal customer who is recruited to communicate with and sell to others for a brand they care a great deal about.

(Multiple Choice)
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Advertising by sampling that is designed to create buzz is called ________.

(Multiple Choice)
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Why has traditional mass market advertising diminished as a way to talk to younger consumers?

(Essay)
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A group of social network users that share an attachment to a specific product is called a(n) ________.

(Multiple Choice)
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Direct-response TV (DRTV) includes short commercials of less than two minutes, 30-minute or longer infomercials, and home shopping networks such as QVC and HSN.

(True/False)
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Explain the buzz building form of viral marketing. What are the aims of viral marketing, and how are they accomplished? Give an example of a successful viral marketing campaign.

(Essay)
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________ involves a channel member purchasing large quantities of a product during a discount period, warehousing the product, and not buying the product again until another discount is offered.

(Multiple Choice)
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Personal selling is crucial in business-to-business marketing, especially when the deal involves intense price negotiations.

(True/False)
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Explain the difference between the practices of forward buying and diverting.

(Essay)
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Which of the following is the LEAST relevant characteristic that a salesperson should consider when qualifying a prospect?

(Multiple Choice)
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Someone who orders a product through a catalog is responding to ________.

(Multiple Choice)
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Which of the following is a personal selling technique that focuses on making an immediate sale with little or no attempt to develop a relationship with the customer?

(Multiple Choice)
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A merchandising allowance is a discount to a wholesaler or retailer based on the order volume of a product.

(True/False)
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A young couple contacted a realtor about buying a new home. Now that the realtor has prospects, his next step should be to ________.

(Multiple Choice)
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The FTC regulates the opt-out list for direct mail solicitations and catalogs.

(True/False)
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In which stage of the creative selling process would the salesperson say, "What quantity would you like to order?"

(Multiple Choice)
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Through the practice of ________, sales organizations move away from a "one-size-fits-all" mentality and instead choose the best way to sell to individual B2B customers.

(Multiple Choice)
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More U.S. advertising dollars are spent on digital than television ads.

(True/False)
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A major manufacturer of automobile tires sells its products at its dealership retail stores. After a tire is sold, the customer can return to any manufacturers' retail store and the tire can be rotated on the car at no expense to the customer. Should a repair to the tire be needed, the customer will receive a discount from the list price bill as a form of a warranty received at the time of purchase of the tire. Identify and explain the selling approach being implemented by this manufacturer.

(Essay)
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A traditional advertising medium can be used to publicize a sales promotion.

(True/False)
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