Marketing Management Puzzle
Across
- 1. first stage involved in new product development
- 3. A pricing strategy where the product is priced high to reflect its exclusiveness and appeal to a high-end market segment
- 6. The blend of physical goods, services, and information a company offers to meet customer needs
- 8. The process of moving products from the manufacturer to the end consumer
- 9. written document that details the necessary actions to achieve one or more marketing objective
- 10. A measure of a brand's ability to capture consumer preference and loyalty
- 14. The process of designing, gathering, analyzing, and reporting information that may be used to solve a specific marketing problem
- 16. the strategy is made from the combination of free and premium pricing strategy
- 18. anything that can be offered to market to satisfy want or need
- 19. The set of controllable tactical marketing tools that a company blends to produce the response it wants in the target market
- 21. A pricing strategy where the product is sold at a low price, often at a loss, to attract customers
- 22. A strategy that focuses on creating and maintaining a distinct image for a brand in the minds of the target audience
- 24. A measure of a brand's strength and its ability to create customer loyalty
- 27. those products which eventually become one of the ingredients of a final product
- 30. a name given by the maker to a product or range of products, especially a trademark
- 31. A pricing strategy where a product is priced just below the next whole number to create the perception of a lower price
- 34. A strategy where a company introduces a new product or service to its existing market
- 35. the products which a customer has already decided to purchase before entering shop
- 38. A market entry strategy where a company offers a product or service in a new market with its existing brand name
- 39. The role of pricing in marketing decisions involves determining the value of a product or service
- 42. Synopsis of the marketing plan
- 44. The role of marketing channels involves the distribution and availability of products
- 45. franchising is a method
- 46. A pricing strategy where a product is initially offered at a lower price to gain market share
- 48. The level of product that consists of all the augmentations and transformations that a product or offering may undergo in the future
- 49. prices are kept very high in which pricing policy
- 50. tool of marketing evaluation and control
Down
- 2. based on the prices charged by competitors, maybe the same or slightly lower, firms will try to compete on other aspects of the marketing mix
- 4. those huge machines and tools which an organisation uses during its production activities
- 5. a firm offering the same product with different prices throughout various market segments
- 7. designing an initial marketing strategy for a new product based on the product concept
- 11. price of a shirt rupees 999 is the example of which pricing policy
- 12. The role of marketing communications in the overall marketing effort
- 13. an individual or business that purchases the goods or services produced by a business
- 15. The set of forces that arise outside the company to affect its marketing efforts
- 17. the products which a customer purchases without having any plan
- 20. The process of developing and maintaining long-term, cost-effective relationships with individual customers
- 23. A marketing strategy that involves introducing a new product or service to a new market segment
- 25. A group of potential customers with similar needs and characteristics that a company aims to serve
- 26. strategy of using a successful brand name to launch a new or modified product in a new category
- 28. value used to calculate the price of goods or services that a profit center offers to other corporate responsibility centers
- 29. promotion strategy that calls for using the salesforce and trade promotion to move the product through channels
- 32. promotional tool is thought to be the most expensive to use
- 33. tool of the promotional mix consists of short term incentives to encourage the purchase or sale of product
- 36. The process of bringing a new product to market, from idea generation to commercialization
- 37. The process of communicating directly with potential customers to generate sales or leads
- 40. The process of dividing a market into distinct groups with similar needs and behaviors
- 41. The stage in the product life cycle where sales and profits decline
- 43. The process of deciding the features of a product or service that will be offered to customers
- 47. The concept that refers to the value that a company creates for its customers