Podcast
Questions and Answers
What is the purpose of perceptual mapping in marketing?
What is the purpose of perceptual mapping in marketing?
- To determine the cost of different marketing strategies
- To visually represent the market and determine how various brands are perceived by customers (correct)
- To analyze the physical location of products in stores
- To calculate the market share of different brands
What does the Centrality represent in the Centrality-Distinctiveness map (CD-map) in marketing?
What does the Centrality represent in the Centrality-Distinctiveness map (CD-map) in marketing?
- The popularity of a brand among teenagers
- The number of stores where a brand is available
- The profit margin of a brand's products
- How representative a brand is of a category (correct)
What is the main purpose of Unique Selling Proposition (USP) in marketing?
What is the main purpose of Unique Selling Proposition (USP) in marketing?
- To offer discounts on all products
- To focus on promoting luxury brands
- To pick one single attribute and aim to be "number 1" (correct)
- To create a variety of attributes to promote
What are the Gain creators in the Value Proposition Canvas in marketing?
What are the Gain creators in the Value Proposition Canvas in marketing?
Why is consistency important in communicating positioning in marketing?
Why is consistency important in communicating positioning in marketing?
What is the purpose of creating personas?
What is the purpose of creating personas?
What is the significance of creating a customer journey?
What is the significance of creating a customer journey?
What does positioning refer to in the context of marketing?
What does positioning refer to in the context of marketing?
Why are personas useful in marketing?
Why are personas useful in marketing?
What is the main purpose of creating a customer journey?
What is the main purpose of creating a customer journey?
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