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