Tuesday, June 9, 2009

Tue June 9

Chapter 4

market research
hard data
primary data
secondary data
periodicals
consultants
quantitative research
qualitative research
test marketing
closed ended questions
open ended questions
random sampling
media research
consumer tracking devices
*how store design increases sales
*how store design decreases shrinkage
*shrinkage

Chapter 5

feasibility study
invention
innovation
8 stages of product development
utility
form utility (material, sent,flavour, colour, design, packaging)
information utility
place utility
time utility
possession utility
product mapping
marketing oppourtinity analysis
cost benefit analysis
ergonomics
* GATT
* WTO
* Subsidies
* Hyperinflation
* Tween
* Age Compression
* Word of mouth marketing (idea virus)
* commercial real estate
* residential real estate
(*) Slogan
(*) Jingle
* Knock off

Advertising is most important for
identical
mass marketed
easy to describe
low priced
new
heavily competitive
Brand awareness
brand trial
brand preference
brand reminder
brand repositioning
Unique selling proposition
SWOT
biological appeal
emotional appeal
rational appeal
social appeal
8 Types of media with advantages and disadvantages for each.
Lobbyist
Contests and sweepstakes
refunds and rebates
redemption
premium
self liquidators
Point of purchase

Monday, June 8, 2009

Mon June 8

Today we start Review for your final Exam on FRIDAY JUNE 12!!

After your commercial presentations

Here is a list of terms for Chapter 1

Here is a list of what you are responsible for knowing for the Final Exam. Today we will have to computer based review activities and then you are to work on writing brief definitions for the following terms to study from. We will work on the difficult ones as a group.

* = Not in Textbook


Marketing:
Industrial goods (finished goods)
Raw material
Supply and Demand
Marketing Organization (Regional, International, Brand, Distribution)
Target Market
aggregate market
differentiated market

Marketing mix (4 P's)
Product Mix
Promotions Mix
Pricing Mix
Place Mix

Brand / Branding
Push strategy
Pull strategy
* Census

* = Not in Textbook
Chapter 2

Customer
Consumer
(*) Consignment
Gatekeeper
Product Life cycles (traditional, seasonal, fad, niche)
fad vs trend
demographics
baby boomers
Thorndikes Law of Effect
Maslow's Hierarchy of Needs
Household name
* Celebrity endorsement
Bust
* Spin off product

Chapter 3

profit
free market
perfect competition
monopoly
oligopy
private property
public property
R & D (research and development)
direct competition
indirect competition
customer loyalty (card)
production cost
Top of the mind
Service base
Product base
value added service
market share
* communism
market segment
landed cost
category killer

Thursday, June 4, 2009

Fri June 5

Today is a Review of some of the things we have learned so far.
You are to play a game of JA Titan again. This time, keep in mind the importance of Supply and Demand, the importance of Marketing, R & D Research and Development, (and capital investment {not part of the course}. This is for marks, here is the marks breakdown:
If you play a Short Game and get a Performance Index Score of 60+ you get 3/5
If you play a Medium Game and get a Performance Index of 50+ you get 3/5
If you play a Short Game and get a P.I. of 90+, you receive 4/5
If you play a Medium Game and get a P.I. of 80+ you receive 4/5
If you play either a Short, Medium, or Long game and get 100+ you will get 5/5
(If you try 2 games and still can't score a high Performance Index, you will still receive a 3/5)
Good Luck
Here is the link: http://titan.ja.org/ The User Name is: frank hurt and the Password is: hornets

Remember you projects are DUE MONDAY!!

Tuesday, June 2, 2009

Tue Jun 2

Review Questions for chapter 9.

1. When is advertising most important (6 points, explain each one)?
2. What are the goals of advertising? Explain each in your own words.
3. What is SWOT? Explain each letter.
4. What are Biological, Emotional, Rational and Social appeals?
5. List and explain 8 types of media?
6. What is public relations?
7. What is a lobbyist?
8. List and explain the 7 main types of sales promotion.

TEST THURSDAY

Tuesday, May 26, 2009

Tue May 26

Commercial Day postponed until tomorrow.  

Read and discuss section 9.5 in your textbook.

Next, please complete question 1 (ON THE COMPUTER) at the following link:


When you finish, many of you have late assignments that you need to hand in.  Please work on those.  

Monday, May 25, 2009

Mon May 25

Watch Corporations in the Classroom

1. What are some of the benefits of corporate sponsorship in schools?
2. What are some of the negatives?
3.  What is your position on the topic?  Explain your position in a short paragraph.  

Tuesday, May 19, 2009

Tue May 19th

Chapter 5 Test

Worksheets from  Chapter 9 (pg 345-352 in your textbook).  Please complete them and show them to Mr. Southwell for completion marks.

Next, go online and find some billboard advertisements.  Next copy the chart below.  You need to find two examples of advertisements that fit the 4 advertising appeals.  (Social, biological, emotional, and rational).  Please hand this in when you are finished.  

DO NOT FORGET YOU ARE PRESENTING YOUR ADS ON THURSDAY!!!!



Advertisement
(picture of ad)


Target Market


Advertising Goal (see textbook)


Advertising Appeal (social, emotional, etc)


Overall Effectiveness (1-10) (your opinion)