Types of Advertising and Factors Affecting Demand Quiz

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15 Questions

What is a potential disadvantage of advertising?

Possible negative impact on company reputation

How can fluctuations in supply impact advertising?

Lead to increased advertising costs

Which factor can affect demand that is unrelated to advertising?

Availability of credit

What role do taste patterns play in advertising?

Shaping the content and style of advertising campaigns

In the context of advertising, what is an advantage of anticipating future prices?

Being able to effectively plan promotional activities

How do manufacturers primarily benefit from advertising?

Enhancing brand awareness

In the context of advertising, what is a key role of individuals?

Promoting personal skills or services

Why might a voluntary organization engage in advertising?

Promoting social causes

What distinguishes the advertising methods of wholesalers from those of manufacturers?

Promoting services to retailers

How can retailers utilize advertising to differentiate themselves?

Highlighting unique selling points

How can advertising benefit manufacturers?

Building brand awareness and driving sales

What is a common marketing channel used by retailers to promote sales?

Social media

How do wholesalers attract new retailers?

Offering competitive prices and a wide range of products

What is a key advantage of voluntary organizations using advertising?

Raising awareness about their cause and recruiting volunteers or donors

How do retailers increase their revenue and profitability through advertising?

Promoting sales, special offers, or new products

Test your knowledge on various types of advertising, advantages, disadvantages, and factors influencing demand like supply fluctuations, changing tastes, credit availability, quality, and price expectations.

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