UNIT 3 - TERMINOLOGY TEST (MARKETING)

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Across
  1. 3. an intermediary in the channel of distribution who takes products in bulk from the manufacturer
  2. 7. a sampling method which has no bias
  3. 8. Cash ___ a product which has a high market share but low market growth potential
  4. 9. a short term pricing strategy where a product is discounted for a period of time
  5. 12. research which gathers information from new/primary sources
  6. 14. Product/Celebrity _______ a method of promotion which uses as well known celebrity to raise the profile of a brand
  7. 20. a stage in the product life cycle
  8. 21. Into/Out of the _______ refers to how sales promotions are targeted at retailers/consumers
  9. 23. the person who buys the product
  10. 24. a name/logo which is a legally recognised / trademarked identification of a business/product
Down
  1. 1. a very small, defined market segment
  2. 2. the stage in the product life cycle where extension strategies have been exhausted and no growth is left
  3. 4. a product which has high market share and high market growth potential
  4. 5. a long term pricing strategy where prices are directly linked to those of rival businesses
  5. 6. a short term low price strategy
  6. 8. Product Life ____ model used to analyse a product portfolio
  7. 10. a long term high price strategy
  8. 11. an intermediary in the channel of distribution who connects directly with the customer to sell products
  9. 13. research which gathers information from existing/secondary sources
  10. 15. Public _______ the method of promotion used to ensure the business maintains a high profile/image
  11. 16. the channel of distribution which uses the internet to sell products without using an intermediary
  12. 17. term used for an online retailer such as Amazon
  13. 18. Above/Below the _____ refers to mass/targeted advertising promotion methods
  14. 19. a short term high price strategy
  15. 22. a sampling method which defines quotas of set characteristics to be sampled
  16. 24. ___ matrix - model used to analyse a product portfolio
  17. 25. a product which has low market share and low market growth potential