WITH VERIFIED ANSWERS
1. Plan is a key part of the process
2. Market launch planning begins early in the process
3. Based on research
4. Sufficient resources provided
5. Sales, tech, and all customer service staff are part of the team - CORRECT
ANSWER Robert Cooper's 5 Requirements for an effective launch plan
Goods are sold from wholesale warehouse - CORRECT ANSWER Cash-to-carry
- Type of demand sought
- Permanence
- Aggressiveness
- Product line replacement
- Image - CORRECT ANSWER Strategic platform decisions
- Primary demand
- Selective demand (drawing market share away from competition - CORRECT
ANSWER Type of demand sought
- In to stay
- Stay if we meet goals
- Temporary - CORRECT ANSWER Permanence
, - Aggressive entry
- Cautious entry - CORRECT ANSWER Aggressiveness
- Consumers
- Competition
- Profit - CORRECT ANSWER Product line replacement
- New image
- Major change in image
- Tweaking of an existing image
- No image change - CORRECT ANSWER Image
- End-use
- Geographic, Demographic, and Psychographic Segmentation
- Benefit Segmentation - CORRECT ANSWER Alternative ways to segment a market
- Loyalists
- Rotators
- Deal-selectives
- Store brand buyers
- Light users - CORRECT ANSWER Micromarkets