Commerce Accountancy · General Awareness

Marketing Concepts and Strategies

2,245 Questions

Marketing concepts and strategies form the core of understanding consumer behavior, brand management, and product distribution. This hub covers essential topics like green marketing, packaging, pricing, and market structures. These questions are highly relevant for IBPS, SBI, and other banking examination preparation.

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Marketing Concepts and Strategies Questions

Multiple choice

Community marketing has a high leverage.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The passage states that using internet communities to leverage your customer base 'could give you monetary leverage of 100-1000 times in Cash Generated,' which demonstrates the very high leverage potential of community marketing.

Multiple choice

Customer product education is an integral part of marketing.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The passage suggests designing 'something as simple as designing a game which educates the customer about your product or service benefits,' and notes this creates buzz automatically. This shows product education is integral to marketing strategy.

Multiple choice

Advertising agencies are fast becoming partners to their clients.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The passage states that many advertising agencies 'make it a target to increase the bottom line of their clients' and offer 'Integrated 360 degrees marketing solution.' This partner-like focus on client success indicates agencies are becoming partners rather than just service providers.

Multiple choice

You have to go to many agencies to get 360 degrees marketing solutions.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The passage states that 'many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution,' meaning you can approach a single agency for comprehensive solutions, not multiple agencies.

Multiple choice

BTL has more tangibility.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The passage states that BTL and Internet marketing 'increasing the tangibility and experiential quotient of the whole marketing campaign,' unlike mass marketing which 'has been rendered less alluring.' Higher tangibility is a key advantage of BTL.

Multiple choice

Community marketing creates a buzz around the product or service.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The passage states that using internet communities and designing something that educates customers 'creates a Buzz around your product automatically,' showing that community marketing generates natural buzz.

Multiple choice

Copying the market leader is a sure shot at success.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

 The answer is false. This information is not given.

Multiple choice

BTL marketing is same as mass marketing.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The passage states that 'Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing,' clearly distinguishing BTL from mass marketing as a newer, different approach.

Multiple choice

Co-opetition is same as competition.

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Multiple choice

Which is/are the new age marketing techniques?

Directions: Read the following passage and answer the question that follows.

You need not require to create a separate community around your product from the scratch. You can very well use existing communities like Facebook which allow you to create applications and market your products. That way precious time and effort is saved and you can gain the community trust leverage of the customer, ie to say co --opetition rather than competition.

 Zapak used its gaming portal to sell its online games as downloads for as low as 99 Rs. by declaring a competition around T20 cup to its advantage. You can use community to do the same. There are different communities and one or the other will be more than eager or happy to strike a deal with real cash compared to the difficult Google adsense dollars.

Mass marketing has been rendered less alluring by new age marketing techniques like BTL marketing and Internet marketing which gives a more personalised, interactive and direct connect with the user increasing the tangibility and experiential quotient of the whole marketing campaign.

Realizing this trend many advertising agencies now offer a complete range of Integrated 360 degrees marketing solution, so you can approach an agency and get an update of how to increase your bottom-line without yourself working on the monstrous details of earning the Rupee.

Many agencies now make it a target to increase the bottom line of their clients. Cool marketing innovation by these advertisement agencies.

Well you could really gain by using internet communities to leverage your customer base. It could be something which could give you monetary leverage 0f 100-1000 times in Cash Generated. Identify a need of the customer related to your product. You could do something as simple as designing a game which educates the customer about your product or service benefits. And the same creates a Buzz around your product automatically.

Also do something new or different from your competitors. Be Humane to your customers and the customers always return even if they don’t need the product, for which you may need to only train your employees and keep them happy at workplace.

 

  1. Mass marketing

  2. BTL marketing

  3. Internet marketing

  4. B & C

  5. All of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Multiple choice
  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The passage states that Google 'depends 99% on search advertising for its revenue.' This level of dependence - nearly all revenue coming from one source - clearly establishes Google as a dominant force in the search advertising market. While the passage discusses risks to this position, it doesn't deny Google's current dominance in this specific area.

Multiple choice
  1. Market segmentation

  2. Cost leadership

  3. Differentiation strategy

  4. Focus

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Porter wrote in 1980 that strategy targets either cost leadership, differentiation or focus. These are known as Porter's three generic strategies and can be applied to any size or form of business.

Multiple choice
  1. Planning

  2. Product

  3. Price

  4. Place

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Marketing mix is the combination of four inputs which constitute the core of a company’s marketing system, i.e. the product, the price structure, the promotional activities and the distribution system. Thus, planning is not a part of 'marketing mix'.

Multiple choice
  1. a class

  2. a segment

  3. an emerging market

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Market segmentation is the process of identifying distinct groups and/or sub-groups of customers in the market, who have distinct needs, characteristics, preferences and/or behaviours, and require separate product and service offerings and corresponding marketing mixes.

Multiple choice
  1. Substitute products

  2. Buyer's power

  3. Supplier's power

  4. Unique selling proposition

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Porter’s Five Forces Analysis assumes that there are five important forces that determine competitive power in a business situation. These are: (1) Supplier power (2) Buyer power (3) Competitive rivalry (4) Threat of substitution (5) Threat of new entry