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SPMT Marketing Exam Questions and Answers All Correct

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SPMT Marketing Exam Questions and Answers All Correct Which of the following is not one of the benefits from the sports experience or product a. globalization b. socialization c. high performance d. recognition - Answer-a. globalization Providing a detailed inventory of assets is one of the keys to selling a sponsorship - Answer-true Personal observation is one the primary types of data collection - Answer-true Which of the following is not part of the 6 step process of selling sponsorships a. create and design a sponsorship packet for the client b. create proposal c. hold follow up meeting for purpose of making a presentation d. negotiate the final deal - Answer-a. create and design a sponsorship packet for the client T/f dropping the price of your product to keep pace with the market is the most effective way to outlast your competitors - Answer-false T/f social medial has decreased the importance placed on pr staffs within organizations - Answer-false A dbm stands for distributive bargaining management - Answer-false A crm stands for customer relationship management - Answer-true T/f bill veeck created the 12 commandments for successful sports marketing - Answer-true A good sponsorship agreement should always be a win win for the client and the company - Answer-true The primary function of crm is to manage the analytics and cost structure of a product - Answer-false A co op sponsorship is the joining together of 2 or more entities to capitalize on the market - Answer-false t/f bill veeck created the 12 commandments for successful sports marketing - Answer-true tam stands for tactical analysis marketing - Answer-false dbm marketing involves the integration of files into a database - Answer-true when getting data competitors, you want which of the following a. price b. product lines c. comparisons d. all of the above - Answer-d. all of the above

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SPMT Marketing Exam Questions
and Answers All Correct

Which of the following is not one of the benefits from the sports experience or product

a. globalization
b. socialization
c. high performance
d. recognition - Answer-a. globalization

Providing a detailed inventory of assets is one of the keys to selling a sponsorship -
Answer-true

Personal observation is one the primary types of data collection - Answer-true

Which of the following is not part of the 6 step process of selling sponsorships

a. create and design a sponsorship packet for the client
b. create proposal
c. hold follow up meeting for purpose of making a presentation
d. negotiate the final deal - Answer-a. create and design a sponsorship packet for the
client

T/f dropping the price of your product to keep pace with the market is the most effective
way to outlast your competitors - Answer-false

T/f social medial has decreased the importance placed on pr staffs within organizations
- Answer-false

A dbm stands for distributive bargaining management - Answer-false

A crm stands for customer relationship management - Answer-true

T/f bill veeck created the 12 commandments for successful sports marketing - Answer-
true

A good sponsorship agreement should always be a win win for the client and the
company - Answer-true

, The primary function of crm is to manage the analytics and cost structure of a product -
Answer-false

A co op sponsorship is the joining together of 2 or more entities to capitalize on the
market - Answer-false

t/f bill veeck created the 12 commandments for successful sports marketing - Answer-
true

tam stands for tactical analysis marketing - Answer-false

dbm marketing involves the integration of files into a database - Answer-true

when getting data competitors, you want which of the following

a. price
b. product lines
c. comparisons
d. all of the above - Answer-d. all of the above

the primary function of a crm is to manage the analytics and cost structure of a product -
Answer-false

state of mind is one of the 4 basis of segmentation - Answer-true

sponsors or endorsers can be paid in stock rather than cash - Answer-true

t/f dropping the price of your product to keep pace with the market is the most effective
way to outlast your competitors - Answer-false

product price is one of the 4 basis of segmentation - Answer-false

company partnerships are more effective than individual sponsors regardless of the
product - Answer-false

4 steps of selling - Answer-1. build rapport
2. gap assessment
3. convince them of solution
4. but product


the main purpose of sponsorship is direct sales over lead generation - Answer-false

lifestyle marketing is marketing using leisure and comfortability - Answer-true

a good sponsorship agreement should always be a win-win for the client and company -
Answer-true

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