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Marketing Chap 12
Marketing Chap 12
14
Marketing
Undergraduate 1
03/19/2007

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Cards

Term
family brand
Definition
Brand that identifies several related products
Term
adoption process
Definition
Stages that consumers go through in learning about a new product, trying it, and deciding whether to purchase it again
Term
brand extension
Definition
Strategy of attaching a popular brand name to a new product in an unrelated product category
Term
trademark
Definition
A brand for which the owner claims exclusive legal protection
Term
generic product
Definition
Item characterized by a plain label, little or no advertising, and no brand name
Term
brand equity
Definition
Added value that a certain brand name gives to a product
Term
consumer innovator
Definition
People who purchase new products almost as soon as the products reach the market
Term
brand
Definition
Name, term, sign, symbol, design, or some combination of these used to identify the products of a firm
Term
brand insistence
Definition
Stage of brand acceptance at which the customer refuses all alternatives and will search extensively for the desired good or service
Term
brand name
Definition
Part of a brand consisting of words or letters that form a name that identifies and distinguishes a firm’s offerings from those of its competitors
Term
category management
Definition
Product management system in which a category manager who is responsible for profits and losses oversees a product line
Term
brand recognition
Definition
The stage of brand acceptance at which the customer is aware of a brand and can identify it
Term
manufacturer’s brand
Definition
Brand name owned by a manufacturer or other producer
Term
brand preference
Definition
Consumer reliance on previous experiences with a product to choose that product again
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