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Glossary

Fundamentals of Marketing Module 6 - Marketing Information and Re...

A/B testing: A method of comparing two versions of a product or marketing campaign to determine...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 7 - Consumer Behavior

Attitude: A person's evaluation of a product, service, or concept, based on their beliefs, fe...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 8 - Positioning

Unique selling proposition (USP): A unique selling proposition is a specific feature or benef...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 9 - Branding

Brand: A brand is a combination of a name, term, design, symbol, or other feature that identi...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 10 - Product Marketing

Go-to-market (GTM) strategy: A plan for introducing a new product or service to the market. ...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 11 - Pricing Strategies

Cost-plus pricing: This involves setting the price of a product by adding a markup to the cos...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 12 - Place: Distribution Channels

Distribution channels: various methods and channels (physical or virtual) through which a produ...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 13 - Promotion: Integrated Marke...

Advertising: A paid, non-personal communication through various media (such as television, ra...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 15 - Marketing Plan

Target market: The specific group of consumers that a business is trying to reach with its mark...

Updated 1 year ago by Vijanti Ramrup

Glossary

Fundamentals of Marketing Module 14 - Marketing Globally

Cultural adaptation: The process of adapting a product or marketing campaign to a specific cult...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 15 - Marketing Plan

1. What is the purpose of a marketing plan? A) It is meant to be a document used for adverti...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 14 - Marketing Globally

1. The descriptive term used to explain how people, businesses, and countries around the world ar...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 13 - Promotion: Integrated Marke...

1. The process involving coordination of a variety of different communication tools used to deliv...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 12 - Place: Distribution Channels

1. Sets of interdependent organizations participating in the process providing a payment mechanis...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 11 - Pricing Strategies

1. Jack uses several criteria to determine how much he is willing to spend to satisfy his needs. ...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 10 - Product Marketing

1. An offering by an organization that provides tangible or intangible customer satisfaction is t...

Updated 1 year ago by Vijanti Ramrup

Questions

Fundamentals of Marketing Module 9 - Branding

1. Tangible and intangible features like design, symbols, customer touch points, etc. differentia...

Updated 1 year ago by Vijanti Ramrup

Value for the Customer

Fundamentals of Marketing Module 2 - Marketing Function

What Is Value? Earlier in this module we discussed that marketing exists to help organizations u...

Updated 1 year ago by Mohamed-Moad Karaoui

Communicating the Value Proposition

Fundamentals of Marketing Module 2 - Marketing Function

What Is a Value Proposition? We have discussed the complexity of understanding customer percepti...

Updated 1 year ago by Mohamed-Moad Karaoui

Value Proposition Examples

Fundamentals of Marketing Module 2 - Marketing Function

The Value Proposition in Action Let’s take a look at some real examples and evaluate them. Are t...

Updated 1 year ago by Mohamed-Moad Karaoui