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Marketing in the Digital Era WGU Exam ACTUAL QUESTIONS AND CORRECT ANSWERS

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Marketing in the Digital Era WGU Exam ACTUAL QUESTIONS AND CORRECT ANSWERS Channel - CORRECT ANSWER where a company sells its products - through a website, retail stores, or through sales representatives who sell directly Marketing concepts - CORRECT ANSWER concepts that illustrate how companies engage to compete, win customers, generate revenue and profit, and ultimately build a successful business Market segments: - CORRECT ANSWER criteria Brand - CORRECT ANSWER group customers by specific characteristics or an identifiable and differentiated product, service, person, movement, idea that is represented by associations including thought and identity among many others Brand awareness - CORRECT ANSWER Brand elements - CORRECT ANSWER brand name Brand experience: - CORRECT ANSWER a brand Brand identity: - CORRECT ANSWER a logo, website, brochures Branding - CORRECT ANSWER being aware of the existence of a brand sensory manifestations of brand identity including the experience the customer has in interacting with the way a brand looks and feels as exemplified through the process of applying concepts, designs, and techniques to a brand to differentiate it from others brands in the marketplace Brand loyalty - CORRECT ANSWER are cheaper alternatives purchasing or using one brand over another even if there

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Marketing in the Digital Era WGU Exam
ACTUAL QUESTIONS AND CORRECT
ANSWERS
Channel - CORRECT ANSWER where a company sells its products - through a website, retail
stores, or through sales representatives who sell directly



Marketing concepts - CORRECT ANSWER concepts that illustrate how companies engage to
compete, win customers, generate revenue and profit, and ultimately build a successful business



Market segments: - CORRECT ANSWER group customers by specific characteristics or
criteria



Brand - CORRECT ANSWER an identifiable and differentiated product, service, person,
movement, idea that is represented by associations including thought and identity among many others



Brand awareness - CORRECT ANSWER being aware of the existence of a brand



Brand elements - CORRECT ANSWER sensory manifestations of brand identity including
brand name



Brand experience: - CORRECT ANSWER the experience the customer has in interacting with
a brand



Brand identity: - CORRECT ANSWER the way a brand looks and feels as exemplified through
a logo, website, brochures



Branding - CORRECT ANSWER the process of applying concepts, designs, and techniques to
a brand to differentiate it from others brands in the marketplace



Brand loyalty - CORRECT ANSWER purchasing or using one brand over another even if there
are cheaper alternatives

, Brand perception: - CORRECT ANSWER what one thinks about a brand - which is usually
characterized as the intersection between the brand promise (what a brand promises to deliver) and the
actual brand experience



Brand personality: - CORRECT ANSWER a discernible type, trait, or characteristic
attributable to a brand much like a person that helps brands differentiate from the competition and
create relatability for prospects and customers



Brand positioning: - CORRECT ANSWER creating a unique place to occupy in the minds of
prospects and customers when they think of a brand



Brand preference: - CORRECT ANSWER choosing one brand over another



Brand promise - CORRECT ANSWER what a brand promises to deliver to a customer



Brand purpose - CORRECT ANSWER often refers to the mission or reason a brand exists and
goes beyond just selling a product - often associated with a cause, social responsibility, or a simple
deeper meaning



Brand relevance: - CORRECT ANSWER ultimate display of brand loyalty - there is only one
relevant choice thereby rendering all other brands irrelevant in the eyes of the customer



Brand storytelling: - CORRECT ANSWER expressing the mission, vision, values, and passion
of a brand through a narrative that draws in the audience



Categories - CORRECT ANSWER classifications of products and services - ex. "soda"
category



Category leader: - CORRECT ANSWER brand that is the identifiable leader in a respective
category - Nike in athletic shoes and Starbucks in coffee



Consumer decision-making process: - CORRECT ANSWER the steps that consumes go
through to make a purchase (awareness to decision)

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