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Wednesday 10 May 2017

Exams Questions and Answers on Principle of Marketing



Lecture 1:
1.      Define promotion in Marketing
Answer:
Promotion can be defined as the act of communicating marketing ideas to customers
2.      What factors guide a marketer in the choice of promotional Mix
Answer:
i.                    Nature of the product
ii.                  Market Characteristics
iii.                Available funds
iv.                Stage of the product’s life

Lecture 2:
1.      What factors determine the effectiveness of a promotion message
Answer:
i.                    Message content
ii.                  Message Structure
iii.                Message Format
iv.                Message Source

2.      Explain the AIDA model
Answer:
the promotion message must fulfill the AIDA Principle. AIDA stands for Attention, Interest Creation, Desire, and Action gearing.

Lecture 3:
1.      Discuss the different types of advertising
Answer:
i.                    Consumer Advertising
ii.                  Industrial Advertising
iii.                Trade Advertising
iv.                Retail Advertising
v.                  Financial Advertising
vi.                Recruitment Advertising 
Lecture 4:
 
1.      Discuss the different types of personal selling
Answer:
i.                    Accounts Representation
ii.                  Missionary Salespersons
iii.                Sales Engineer
iv.                Industrial Salesperson
v.                  Service Salesperson

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