What does the first A stand for in AIDA?
Attention
Advertisement
Action
appeal
What are the 4 stages of the product life cycle?
growth, maturity, introduction, decline
maturity, introduction, growth, decline
introduction, growth, maturity, decline
introduction, maturity, growth, decline
Tick the correct box for the quantitative method of market research.
questionnaires
interviews
experiments
observations
What does the S stand for in SWOT?
saturated
strengths
segment
socio
which of the following is a need?
The new iPhone
Snickers chocolate bar
Water
Lipstick by mac
Which of the following is NOT an extension strategy?
New advertising campaign
New overseas market
Improved version of the original product
Questionnaires
What does NOT create brand loyalty?
loyalty cards
after-sales service
Price reductions *discount on your next purchase*
Free samples
How do you calculate profit?
sales revenue + cost
sales revenue - cost
cost - sales revenue
sales revenue / cost
What is an example of elastic demand?
price increases, demand decreases.
price increases, demand increases.
price decreases, demand decreases.
Nike just released a new advertisement, It was about their brand new indoor shoe. What is their main aim of advertising here?
Inform
Improve company image
Introduce
compete