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TOP 10 Learning Questions for Setting Product Strategy #28 Ivy Villamor April 14, 2011 A Downloadable Template For use  in the Marketing Management Class of  Prof. Remigio Joseph De Ungria
1. It is the a classification of product based on use and shopping habits of customers?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 4: Market Survival Mix of Different Product Classifications – Use (Consumer Goods) ,[object Object],http://www.slideshare.net/ivyvillamor Convenience Shopping Specialty Unsought
1. It is the a classification of product based on use and shopping habits of customers?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
2. Which of the items below is a basic component of an attractive market offering to customers? ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Product Features & Quality Services Mix & Quality ,[object Object],Concept 1: WOW  Customer by Satisfying the 3 Components of Market Offering… Attractiveness  of the Market Offering
2. Which of the items below is a basic component of an attractive market offering to customers? ,[object Object],[object Object],[object Object],[object Object],[object Object]
3. Which of the following statements is true about product levels? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 2: WOW Customer by Planning thru Value Hierarchy http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object]
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],Augmented benefits soon become Expected benefits.  In developed countries, brand positioning and competition take place at this level. http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 2: WOW Customer by Planning thru Value Hierarchy ,[object Object],[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
3. Which of the following statements is true about product levels? ,[object Object],[object Object],[object Object],[object Object],[object Object]
4. Which of the following statements is false about industrial goods? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) ,[object Object],http://www.slideshare.net/ivyvillamor
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips Which enters the manufacturer’s product completely fabric http://www.slideshare.net/ivyvillamor Materials and Parts
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) trucks Long lasting and used in developing or managing the finished product microchips fabric http://www.slideshare.net/ivyvillamor Materials and Parts Capital Items
Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) trucks Supplies / Business services  –  short term goods or services that facilitate developing or managing finished product microchips fabric paints paper & pencil http://www.slideshare.net/ivyvillamor Materials and Parts Capital Items Supplies /  Business services
4. Which of the following statements is false about industrial goods? ,[object Object],[object Object],[object Object],[object Object],[object Object]
5. This classification of goods usually survive many uses which also entails high personal selling & guarantees but gives higher margin. ,[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility Normally consumed in  1 or few uses ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility ,[object Object],[object Object],Nondurable goods Durable goods Services
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility ,[object Object],[object Object],Intangible, inseparable, variable, and perishable Nondurable goods Durable goods Services
Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
5. This classification of goods usually survive many uses which also entails high personal selling & guarantees but gives higher margin. ,[object Object],[object Object],[object Object],[object Object],[object Object]
6. Which of the following does not fall under “Service Differentiation?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 10: Service Differentiation http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 9: Product Differentiation
6. Which of the following does not fall under “Service Differentiation?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
7. Which of the following is false about Packaging?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],Concept 8: Pack, Label,  Sold Out! http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 8: Pack,  Label,  Sold Out! Comes in sealed  handly, glass and  plastic bottles
7. Which of the following is false about Packaging?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
8. Product Line Analysis allows companies classify products into 4 types that yields different gross margin.  Which of the following is not true? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 7: Increase Sales %  thru Product Line Analysis http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Core Product Specialties Staples Convenience Items ,[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 7: Increase Sales %  thru Product Line Analysis Core Product ,[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Staples ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Specialties ,[object Object],[object Object],[object Object],[object Object],http://www.slideshare.net/ivyvillamor
Concept 7: Increase Sales %  thru Product Line Analysis Convenience Items ,[object Object],[object Object],http://www.slideshare.net/ivyvillamor
8. Product Line Analysis allows companies classify products into 4 types that yields different gross margin.  Which of the following is not true? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
9. ___ is a distinct unit within a brand or product line distinguishable by size, price, appearance, or some other attribute. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Concept 6: Product Hierarchy Leads you to Specific Desired Product
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family Product family Product class Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family Product class Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line   Shampoo Product type Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item)
Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc  Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item) Pantene Hair Fall Solution bottle
9. ___ is a distinct unit within a brand or product line distinguishable by size, price, appearance, or some other attribute. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
10. Physical products vary in their potential differentiation. Which of the following is not true? ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 9: Product Differentiation
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 10: Service Differentiation http://www.slideshare.net/ivyvillamor
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Concept 10: Service Differentiation http://www.slideshare.net/ivyvillamor
10. Physical products vary in their potential differentiation. Which of the following is not true? ,[object Object],[object Object],[object Object],[object Object],[object Object]
TOP 10 Learning Questions for Setting Product Strategy #28 Ivy Villamor April 14, 2011 A Downloadable Template For use  in the Marketing Management Class of  Prof. Remigio Joseph De Ungria

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Ch 12 Setting Product Strategy Sample Questions

  • 1. TOP 10 Learning Questions for Setting Product Strategy #28 Ivy Villamor April 14, 2011 A Downloadable Template For use in the Marketing Management Class of Prof. Remigio Joseph De Ungria
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  • 9. Concept 2: WOW Customer by Planning thru Value Hierarchy http://www.slideshare.net/ivyvillamor
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  • 25. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) microchips Which enters the manufacturer’s product completely fabric http://www.slideshare.net/ivyvillamor Materials and Parts
  • 26. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) trucks Long lasting and used in developing or managing the finished product microchips fabric http://www.slideshare.net/ivyvillamor Materials and Parts Capital Items
  • 27. Concept 5: Market Survival Mix of Different Product Classifications – Use (Industrial Goods) trucks Supplies / Business services – short term goods or services that facilitate developing or managing finished product microchips fabric paints paper & pencil http://www.slideshare.net/ivyvillamor Materials and Parts Capital Items Supplies / Business services
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  • 33. Concept 3: Market Survival Mix of Different Product Classifications – Durability/Tangibility http://www.slideshare.net/ivyvillamor Nondurable goods Durable goods Services
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  • 46. Concept 7: Increase Sales % thru Product Line Analysis http://www.slideshare.net/ivyvillamor
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  • 54. Concept 6: Product Hierarchy Leads you to Specific Desired Product
  • 55. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family Product family Product class Product line Product type Item (Brand/Item)
  • 56. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family Product class Product line Product type Item (Brand/Item)
  • 57. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class Product line Product type Item (Brand/Item)
  • 58. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line Product type Item (Brand/Item)
  • 59. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line   Shampoo Product type Item (Brand/Item)
  • 60. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item)
  • 61. Concept 6: Product Hierarchy Leads you to Specific Desired Product http://www.slideshare.net/ivyvillamor Hierarchy Sample Need family   Personal Care Product family   Cosmetics, skin creams, shampoo, conditioner, soap, etc Product class   Hair Cleaning Agent Product line   Shampoo Product type   Hair Fall Control Shampoo Item (Brand/Item) Pantene Hair Fall Solution bottle
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  • 68. TOP 10 Learning Questions for Setting Product Strategy #28 Ivy Villamor April 14, 2011 A Downloadable Template For use in the Marketing Management Class of Prof. Remigio Joseph De Ungria