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Marketing 3000 UGA Grantham Final Questions and Answers

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10/31/25, 6:27 PM Marketing 3000 UGA Grantham Final Questions and Answers Flashcards | Quizlet




Marketing 3000 UGA Grantham Final Questions
and Answers

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Practice questions for this set


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One or more intermediaries work with manufactuers to provide goods /
services to consumers.



Choose an answer



1 Marketing 2 Indirect marketing Channel



3 Value 4 Price



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Terms in this set (139)



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, 10/31/25, 6:27 PM Marketing 3000 UGA Grantham Final Questions and Answers Flashcards | Quizlet



Marketing


Marketing Plan 4 ps, pro forma statements, objectives, etc.

Marketing Mix 4 Ps Product Place Price Promotion

Product Creates Value - Goods services and ideas

Capturing Value - everything the buyer gives up
Price
money time and energy

Delivering the Value Proposition - getting it to the
Place
customer

Communicating the Value Proposition: informs
Promotion persuades, and reminds potential buyers about
product or service to influence opinions

B2C, B2B, C2C ...

Turn of century, good product will sell itself, doesnt
Product Oriented Era:
care about consumer wants or needs

During the Great Depression and WWII depended
Sales Oriented Era:
heavily on personal selling and advertising 1920-1950

After the war, customers became the kings;
Market Oriented Era manufacturers focused on what consumers wanted /
needed.

generally have transcended a production or selling
Value based marketing: orientation and attempt to discover and satisfy their
customer's wants and needs.

Value Get what you give

Customers act as collaborators with a manufacturer or
retailer to create the product or service
Value co creation:

Nike lets their customers create their own shoes.




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