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MKG 420 EXAM 4 Questions With Correct Answers

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©BRIGHTSTARS EXAM SOLUTIONS 11/16/2024 10:16 AM 1 | P a g e MKG 420 EXAM 4 Questions With Correct Answers Effective sampling program - answerexpected to have short purchase cycles divisible of relatively low unit value extreme couponing - answerthe activity of merging shopping skills with coupon use in an effort to save as much money as possible while shopping trade shows - answerused to display companies product lines real time data - answeravailable from computerized checkout scanners that make it possible for retailers to monitor promotions and track the results they yield on a daily basis attribution theory - answerwhen no external incentive is available consumers attribute their purchase behavior to favorable feelings about a brand loyalty programs - answerencourage consumers to use products on a continual basis trade allowances - answeroffered by manufacturers to encourage retailers and wholesalers to promote their product sales promotion trap - answerwhen several competitors use promotions extensively spiral planograms - answerconfigurations of products that occupy a shelf section in a store are referred to as

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©BRIGHTSTARS EXAM SOLUTIONS

11/16/2024 10:16 AM


MKG 420 EXAM 4 Questions With Correct
Answers


Effective sampling program - answer✔expected to have short purchase cycles


divisible


of relatively low unit value

extreme couponing - answer✔the activity of merging shopping skills with coupon use in an
effort to save as much money as possible while shopping

trade shows - answer✔used to display companies product lines

real time data - answer✔available from computerized checkout scanners that make it possible
for retailers to monitor promotions and track the results they yield on a daily basis

attribution theory - answer✔when no external incentive is available consumers attribute their
purchase behavior to favorable feelings about a brand

loyalty programs - answer✔encourage consumers to use products on a continual basis

trade allowances - answer✔offered by manufacturers to encourage retailers and wholesalers to
promote their product

sales promotion trap - answer✔when several competitors use promotions extensively


spiral

planograms - answer✔configurations of products that occupy a shelf section in a store are
referred to as



1|Page

, ©BRIGHTSTARS EXAM SOLUTIONS

11/16/2024 10:16 AM

consumer franchise building promotions - answer✔sales promotion activities that commuicate
distinctive brand attributes and contribute to the development and reinforcement of brand
identity

sampling - answer✔helps consumers to experience a product directly


most expensive way to generate trial

ingredient sponsored cooperative advertising - answer✔helps establish end products that
include a companys materials and ingredients

goal of self liquidating premiums - answer✔cover costs and offer value

price off deals - answer✔sales promotions wherein the price of a brand is reduced and which
are typically offered right on the package through specially marked price packs


used to attract price sensitive consumers

account specific marketing - answer✔manufacturers associate with individual retailers to
develop a customized promotion that achieves mutual objectives

coupons - answer✔the most widely used sales promotion technique

freestanding inserts - answer✔four color multipage printed advertising booklets that contain
consumer packaged goods coupon offers delivered with newspapers

non franchise building promotions - answer✔modeled to accelerate the purchase decision
process

event marketing - answer✔a type of promotion where a company or brand is associated with
an event or where a themed activity is created for the purpose of providing experiences for
consumers and promoting a product or service

cooperative advertising - answer✔a program designed to motivate distributors and retailers to
carry a product and make an extra effort to push it to their customers

sales training program - answer✔classes conducted by manufacturers for retail personnel to
increase their knowledge of a product or a product line in a trade oriented promotion

bonus packs - answer✔provide consumers with extra value and product


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