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Midterm Test SBM 16oct2023 c2
Midterm Test SBM 16oct2023 c2
1. …………… the customer's net "out-take" from the brand. For users this is based on practical experience
of the product or service concerned (informed impressions) and how well this meets expectations; for
non-users it is based almost entirely upon uninformed impressions, attitudes and beliefs.
2. …………….is the percentage of population or target market who are aware of the existence of a given
brand or company.
3. …………… is the differential effect that brand knowledge has on consumer response to the marketing of
that brand.”
4. ………………is “the act of designing the company’s offer and image so that it occupies a distinct and
valued place in the target customer’s minds.”
5. ………….divides the market into distinct groups of homogeneous consumers who have similar needs and
consumer behavior, and who thus require similar marketing mixes.
6. …………… are not necessarily unique to the brand but may be shared with other brands.
7. ……………… is about the feelings, beliefs and knowledge that consumers have about brands. These
above meaningful pictures are derived as a result of experiences and must be consistent with the brand
positioning and the basis of differentiation.
8. ………………is creation or demonstration of unique characteristics in a company's products or brands
compared to those of its competitors.
9. A …………………. is the set of all actual and potential buyers who have sufficient interest in, income for,
and access to a product.
10. …………………the outward expression of the brand, including its name and visual appearance. The
brand's identity is its fundamental means of consumer recognition and symbolizes the brand's
differentiation from competitors.
11. …………is the attribution of human characteristics traits to a brand as a way to achieve differentiation.
These mentioned traits inform brand behavior through both prepared communication, etc., & through the
people who represent the brand - its employees.
12. ………………is the science and the art of selecting and blending tangible and intangible attributes to
differentiate the product, service or corporation in an attractive, meaningful and compelling way.
13. ……………… is a written description of the position that a company wishes itself, its product or its
brand to occupy in the minds of a defined target audience.
14. …………………………..What is present in the upper-most level of consciousness. It is the highest
degree of share of mind. To attain that position, a company normally needs to have a large share of voice
in its category.
15. ……………is the brand's promise expressed in the simplest, most single-minded terms
16. ..…………… are attributes or benefits that consumers strongly associate with a brand, positively
evaluate, and believe that they could not find to the same extent with a competitive brand.
17. A.……………. is anything we can offer to a market for attention, acquisition, use, or consumption that
might satisfy a need or want. It may be a physical good, a service, a retail outlet, a person, an
organization, a place, or even an idea.
18. ………………… are the means by which firms attempt to inform, persuade, and remind consumers -
directly or indirectly about the brands they sell.
19. For the AMA, a brand is a “name, term, sign, symbol, or design, or a combination of them, intended to
identity the goods and services of one seller or group of sellers and to …………… them from those of
competition.”
20. ……………… What a brand looks like- including, among other things, its logo, typography, packaging
and literature systems.
1. What are the six “brand building blocks” subdimentions, in the company aspect or CBBE Pyramid in
customer perspective? (1,0 marks)
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2. “Brand is all about PROMISE to customer”. Are you for the mentioned brand concept? What are your
owned reasons for that? (1,0 marks)
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3. “Positioning describes a revolutionary approach to creating a "position" in a prospective customer's mind
- one that reflects a company's own strengths and weaknesses as well as those of its competitors”, Jack
Trout & Al Ries explain. What are the “position” in customers’ mindset? (1,0 marks)
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-The end-