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Marketing Management: Environment & Tools

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0% found this document useful (0 votes)
18 views43 pages

Marketing Management: Environment & Tools

Uploaded by

ratheedhruve
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Marketing Management

MODULE 1: MARKETING ENVIRONMENT AND TOOLS


TWO MARKS QUESTIONS (2 lines each)
Direct
1. Marketing Mix → Set of controllable tools (Product, Price, Place, Promotion). →
Helps satisfy customer needs and achieve objectives.
2. Importance of Marketing → Creates awareness. → Supports growth and survival.
3. Four Ps → Product, Price, Place, Promotion. → Basis of traditional marketing.
4. Marketing Philosophy → Guiding belief for marketing actions. → Examples:
production, selling, marketing orientation.
5. Stages in Evolution → Production era and Sales era. → Later: Marketing era, Digital
era.
6. Steps in Marketing Management Process → Analyze opportunities. → Design
strategies.
7. Marketing Environment → External & internal factors influencing marketing. →
Includes economy, competitors, technology, customers.
8. Factors Influencing Consumer Behavior → Cultural factors. → Psychological factors.
Application
1. Surya Bakery Expansion → Analyze needs of new neighborhoods. → Use strategies
for distribution & promotion.
2. Neelam Clothing → Cultural understanding helps in product design. → Aids
segmentation & correct positioning.
3. Organic Food Targeting → Segment health-conscious consumers. → Target via
wellness stores, gyms, online platforms.
Difficult
1. Transformation of Marketing → Past: focus on production/selling. → Present:
customer focus & digital marketing.
2. Misalignment of 7Ps → Leads to confusion and poor customer experience. → Results
in brand damage & loss of sales.

FIVE MARKS QUESTIONS (7 points each)


Direct
1. Core Marketing Concepts & Significance
o Needs → Basic requirements.
o Wants → Specific preferences.
o Demand → Wants + buying power.
o Value → Customer’s perceived benefit.
o Exchange → Giving & receiving value.
o Relationship → Long-term customer connection.
o Importance → Helps marketers understand behavior.
2. Four Ps in Success
o Product → Good design attracts buyers.
o Price → Affordable/competitive pricing.
o Place → Easy availability.
o Promotion → Communication with customers.
o Balance → Creates satisfaction.
o Consistency → Builds trust.
o Example → Apple uses all Ps effectively.
3. Consumer vs. Business Buying
o Consumer: emotional needs.
o Business: rational, cost-based.
o Consumer: quick decision.
o Business: long process.
o Consumer: individual/family.
o Business: group/committee.
o Consumer: small value; Business: large value.
4. Role of Culture in Behavior
o Shapes preferences.
o Influences lifestyle.
o Affects brand choices.
o Decides consumption habits.
o Creates identity.
o Changes marketing strategy.
o Example: Food habits differ in India & US.
5. Steps to Position a Product
o Identify target market.
o Analyze competitors.
o Define USP.
o Decide positioning strategy.
o Communicate message.
o Match with customer needs.
o Monitor and adjust.
Application
1. Revolt Motors Segmentation → Segment by age, income, lifestyle, eco-
consciousness, urban vs. rural, tech-savvy customers, affordability.
2. Sanjay Solutions Buying → Compare consumer vs. organizational buying. →
Understand decision-making, budgets, approvals, relationships.
3. The Whole Truth (STP) → Segment (health conscious, gym-goers). → Target niche
group. → Position as natural & healthy.
Difficult
1. Culture Change Impact → Culture shifts lead to new buying habits. → Marketers
must adapt branding, products, and promotions.
2. Combine Buyer Models → Example: Combine Economic + Psychological models. →
Gives full view of decision-making in high-involvement products.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Significance of Marketing Mix
o Product design.
o Product quality.
o Pricing decisions.
o Place/distribution.
o Promotion activities.
o People involvement.
o Process (service delivery).
o Physical evidence.
o Balances company & customer needs.
o Builds brand image.
o Creates satisfaction.
o Achieves objectives.
2. Marketing Philosophies
o Production concept.
o Product concept.
o Selling concept.
o Marketing concept.
o Societal marketing.
o Holistic marketing.
o Similar: All aim to increase business.
o Different: Focus shifts from production → customer.
o Digital era: Marketing & societal concept dominate.
o Builds trust.
o Satisfies customers.
o Best today: Customer & digital focus.
3. Core Concepts Applied
o Needs.
o Wants.
o Demand.
o Value.
o Exchange.
o Relationships.
o Used to design strategies.
o Match with customer expectations.
o Build loyalty.
o Maintain long-term growth.
o Example: Starbucks sells “experience”.
o Helps business survive.
4. Consumer & Organizational Models
o Consumer model: cultural, social, personal, psychological.
o Organizational model: environmental, organizational, interpersonal,
individual.
o Helps identify decision factors.
o Guides promotions.
o Improves targeting.
o Example: FMCG vs. B2B IT products.
o Consumer: influenced by ads.
o Business: influenced by ROI.
o Reduces risks.
o Builds strong strategy.
o Ensures growth.
o Improves market fit.
5. STP Strategy for Competitive Advantage
o Segmentation: divide customers.
o Targeting: choose best segment.
o Positioning: create unique image.
o Clear differentiation.
o Better value delivery.
o Matches customer needs.
o Creates loyalty.
o Improves communication.
o Helps fight competition.
o Example: Nike targets athletes.
o Ensures long-term success.
o Builds brand equity.
Application
1. GreenGlow Mix Strategies
o Product → New organic features.
o Price → Competitive pricing.
o Place → Online + retail stores.
o Promotion → Social media + eco campaigns.
o People → Trained staff.
o Process → Smooth delivery.
o Physical evidence → Eco-friendly packaging.
o Customer engagement → Loyalty programs.
o Digital marketing → Health influencers.
o Partnerships → Organic shops.
o After-sales → Customer care.
o Builds strong presence.
2. Mother Dairy Societal Marketing
o Focus on customer & society.
o Healthier products.
o Environmental focus.
o Affordable pricing.
o Social campaigns.
o Builds trust.
o Long-term loyalty.
o Differentiates from rivals.
o Improves image.
o Ensures sustainability.
o Helps market share.
o Creates goodwill.
3. Nivea in India
o Study Indian skin types.
o Adjust product formulation.
o Affordable pricing.
o Local packaging.
o Use Bollywood endorsements.
o Distribute in urban & rural.
o Social media campaigns.
o Focus on fairness/skin glow preferences.
o Collaborate with influencers.
o Ensure cultural fit.
o Improve after-sales service.
o Builds market success.
Difficult
1. Evolution of Marketing Philosophies
o Production → efficiency.
o Product → quality focus.
o Selling → aggressive sales.
o Marketing → customer satisfaction.
o Societal → society’s welfare.
o Holistic → integration.
o Digital → technology-driven.
o Strength: Adapts to trends.
o Weakness: Misuse creates mistrust.
o Today: Customer + digital best.
o New entrants → adopt customer-first.
o Builds sustainable advantage.
o Ensures survival.
2. Limitations of Traditional Segmentation
o Too broad.
o Ignores personalization.
o Fails with digital tools.
o Doesn’t reflect quick changes.
o Overlooks data-driven behavior.
o Solution: Use AI analytics.
o Personalized ads.
o Customer data platforms.
o Focus on micro-segmentation.
o Use psychographic data.
o Real-time engagement.
o Remain relevant in market.
MODULE 2: PRODUCT AND PRICING DECISIONS

TWO MARKS QUESTIONS (2 lines each)


Direct
1. Define product mix.
→ Product mix is the total range of products offered by a company.
→ It includes product lines, items, and variations.
2. What is a brand?
→ A brand is a name, symbol, or design that identifies a product.
→ It differentiates it from competitors.
3. Explain ‘Product Life Cycle (PLC)’.
→ PLC shows stages of a product: Introduction, Growth, Maturity, Decline.
→ Helps in strategy planning at each stage.
4. Define ‘Pricing Strategy’.
→ Pricing strategy is the method used to set product prices.
→ It balances cost, demand, and competition.
5. What is ‘Skimming Pricing’?
→ High initial price charged for new product.
→ Slowly reduced later to attract more buyers.
6. What is ‘Penetration Pricing’?
→ Product launched at a low price.
→ Helps in gaining quick market share.
7. What is ‘Psychological Pricing’?
→ Price is set to influence perception, e.g., ₹999 instead of ₹1000.
→ Creates sense of affordability.
8. What is ‘Bundle Pricing’?
→ Two or more products sold together at a combined price.
→ Example: Combo packs.

Application
1. Apple’s product mix strategy.
→ Includes iPhones, iPads, MacBooks, and services.
→ Creates brand loyalty and premium pricing.
2. Amul brand positioning.
→ Known as “The Taste of India”.
→ Positioned as affordable and high quality.
3. Tata Motors pricing strategy.
→ Uses penetration pricing for budget cars.
→ Builds strong customer base.

Difficult
1. Challenges in new product development.
→ High cost, uncertain demand, and fast-changing trends.
→ Risk of product failure.
2. Dynamic pricing in digital platforms.
→ Price changes based on demand, season, and competition.
→ Example: Ola/Uber surge pricing.

FIVE MARKS QUESTIONS (7 points each)


Direct
1. Product Mix Dimensions
o Width → Number of product lines.
o Length → Total products in all lines.
o Depth → Variants within a line.
o Consistency → Relation between product lines.
o Example: PepsiCo → snacks, drinks.
o Helps diversification.
o Improves sales & brand strength.
2. PLC Stages with Strategies
o Introduction → Heavy promotion.
o Growth → Improve quality & distribution.
o Maturity → Discounts, product variations.
o Decline → Retire or reinvent product.
o Helps plan investments.
o Ensures customer engagement.
o Maximizes profit at each stage.
3. Importance of Branding
o Creates identity.
o Builds trust.
o Helps premium pricing.
o Encourages loyalty.
o Improves recognition.
o Differentiates from competitors.
o Ensures long-term success.
4. Factors Affecting Pricing
o Cost of production.
o Demand in market.
o Competition pricing.
o Government rules.
o Customer psychology.
o Product life cycle stage.
o Marketing objectives.
Application
1. Samsung product strategy (wide mix)
o Offers phones, TVs, appliances.
o Targets multiple segments.
o Depth in smartphones (budget to premium).
o Brand loyalty creation.
o Global presence.
o Continuous innovation.
o Competitive advantage.
2. Flipkart pricing in India
o Discounts and offers.
o Penetration pricing for new markets.
o Bundle deals.
o Psychological pricing (₹999).
o Festival sales (Big Billion Days).
o Dynamic pricing online.
o Attracts customer base.
Difficult
1. Limitations of PLC
o Not all products follow stages clearly.
o Time of each stage varies.
o Hard to predict decline.
o Some products stay in maturity for years.
o Strategies may fail if wrongly timed.
o External factors change cycle.
o Not suitable for all industries.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Branding Significance
o Creates uniqueness.
o Attracts loyal customers.
o Supports advertising.
o Allows premium pricing.
o Improves market share.
o Builds trust.
o Recognition in global market.
o Differentiates from rivals.
o Builds long-term equity.
o Encourages repeat purchase.
o Creates emotional bond.
o Example: Nike “Just Do It”.
2. Pricing Strategies
o Skimming pricing.
o Penetration pricing.
o Psychological pricing.
o Bundle pricing.
o Value-based pricing.
o Dynamic pricing.
o Premium pricing.
o Economy pricing.
o Competition-based pricing.
o Geographic pricing.
o Discount pricing.
o Each suits different goals.
3. New Product Development Steps
o Idea generation.
o Idea screening.
o Concept development.
o Business analysis.
o Prototype creation.
o Market testing.
o Product development.
o Commercialization.
o Promotion strategy.
o Distribution planning.
o Customer feedback.
o Product launch.
Application
1. Coca-Cola product strategy in India
o Wide product mix (Coke, Fanta, Sprite, Minute Maid).
o Local flavors (Maaza).
o Affordable pricing.
o Heavy advertising.
o Emotional branding (“Thanda Matlab Coca-Cola”).
o Distribution in rural & urban.
o Bundle deals with fast food.
o Seasonal campaigns.
o Sponsorships (sports).
o Attractive packaging.
o Retail tie-ups.
o Strong global presence.
2. E-commerce pricing (Amazon/Flipkart)
o Low entry pricing.
o Seasonal discounts.
o Lightning deals.
o Psychological pricing.
o Personalized offers.
o Subscription pricing (Prime).
o Bundle offers.
o Dynamic pricing based on demand.
o Festival campaigns.
o Flash sales.
o Loyalty rewards.
o Competitive strategy.
Difficult
1. PLC Strengths & Weaknesses
o Strength: Easy strategy guide.
o Strength: Helps manage investment.
o Strength: Forecasts demand.
o Strength: Matches product strategies.
o Weakness: Not always predictable.
o Weakness: Stages not same for all.
o Weakness: External shocks ignored.
o Weakness: Over-simplification.
o Weakness: Wrong decisions if misused.
o Example: Fads don’t follow PLC.
o Solution: Use with caution.
o Combine with market research.
MODULE 3: PROMOTION AND DISTRIBUTION

TWO MARKS QUESTIONS (2 lines each)


Direct
1. Define Promotion Mix.
→ Promotion mix is the combination of tools like advertising, sales promotion, PR,
personal selling, and direct marketing.
→ Used to communicate and persuade customers.
2. What is Advertising?
→ Paid, non-personal communication through media.
→ Helps in building awareness and brand image.
3. What is Sales Promotion?
→ Short-term incentives to boost sales.
→ Example: Discounts, coupons, free samples.
4. Define Public Relations (PR).
→ Activities to build positive image of company.
→ Example: Press releases, events, CSR.
5. What is Personal Selling?
→ Direct interaction between salesperson and customer.
→ Helps in building trust and closing sales.
6. What is Digital Marketing?
→ Promotion through digital channels like websites, social media, and email.
→ Provides global reach and low cost.
7. Define Distribution Channel.
→ Path through which products reach consumers.
→ Includes wholesalers, retailers, agents, and online platforms.
8. What is Direct Channel?
→ Producer sells directly to customer.
→ Example: Amul parlors, company websites.
9. What is Indirect Channel?
→ Use of intermediaries like wholesalers/retailers.
→ Example: FMCG products sold in Kirana shops.

Application
1. Coca-Cola promotion strategy.
→ Uses TV ads, sponsorships, events, and digital media.
→ Creates emotional connection with “Open Happiness”.
2. Nike’s promotional mix.
→ Endorsements by athletes.
→ Strong social media campaigns with “Just Do It”.
3. Amazon distribution strategy.
→ Wide logistics network with warehouses and delivery partners.
→ Fast delivery through Prime.
Difficult
1. Challenges in digital marketing.
→ High competition and ad clutter.
→ Risk of negative reviews and data privacy issues.
2. Impact of poor distribution strategy.
→ Delays in product reach.
→ Loss of customer trust and market share.

FIVE MARKS QUESTIONS (7 points each)


Direct
1. Elements of Promotion Mix
o Advertising → Paid communication.
o Sales Promotion → Short-term incentives.
o Personal Selling → Direct interaction.
o Public Relations → Brand image building.
o Direct Marketing → Email, messages, catalogs.
o Digital Marketing → Online and social media.
o Sponsorship/Events → Increases visibility.
2. Importance of Advertising
o Creates awareness.
o Builds brand identity.
o Reaches large audience.
o Supports sales team.
o Encourages repeat purchase.
o Educates customers.
o Builds long-term brand equity.
3. Functions of Distribution Channels
o Product movement from producer to buyer.
o Breaking bulk.
o Storage of products.
o Providing credit facilities.
o Offering customer service.
o Market information sharing.
o Creating product availability.
Application
1. Promotion strategy for Startups
o Use social media.
o Provide discounts.
o Collaborate with influencers.
o Participate in events.
o Use referral programs.
o Target ads online.
o Word-of-mouth promotion.
2. Reliance Jio distribution strategy
o Wide physical outlets.
o Digital recharges.
o Exclusive Jio stores.
o Partnerships with retailers.
o Strong after-sales service.
o Online availability.
o Rural + urban reach.
Difficult
1. Limitations of Promotion Mix
o Expensive advertising.
o Difficult to measure results.
o Over-promotion irritates customers.
o Misleading ads create distrust.
o Too many channels confuse.
o Short-term promotions reduce profits.
o Legal restrictions on ads.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Role of Promotion in Marketing
o Creates awareness.
o Attracts new customers.
o Educates about features.
o Builds brand image.
o Stimulates demand.
o Supports sales force.
o Encourages repeat purchase.
o Differentiates from competitors.
o Helps market entry.
o Improves customer loyalty.
o Increases profitability.
o Ensures long-term growth.
2. Types of Distribution Channels
o Direct channel.
o Indirect channel (1-level, 2-level, 3-level).
o Online/e-commerce channel.
o Franchise model.
o Multichannel distribution.
o Exclusive distribution.
o Intensive distribution.
o Selective distribution.
o Hybrid channels.
o Example: Apple uses exclusive retail.
o Example: FMCG uses intensive retail.
o Each has pros & cons.
3. Digital Marketing Tools
o SEO (Search Engine Optimization).
o SEM (Search Engine Marketing).
o Social Media Marketing.
o Email marketing.
o Content marketing.
o Influencer marketing.
o Affiliate marketing.
o Mobile marketing (apps, SMS).
o Online advertising.
o Analytics tools.
o Retargeting campaigns.
o Video marketing (YouTube, reels).
Application
1. Promotion Mix for a New Organic Product
o Social media campaigns.
o Health influencer tie-ups.
o Free samples at gyms.
o Discounts on first purchase.
o PR with eco-friendly image.
o Ads on health magazines.
o WhatsApp/email marketing.
o Sponsorship of health events.
o Bundle with organic groceries.
o Loyalty cards.
o Online store presence.
o Storytelling ads about sustainability.
2. Amazon’s distribution system in India
o Large network of warehouses.
o Last-mile delivery partners.
o Prime fast delivery.
o Use of AI for routing.
o Tie-ups with local stores.
o Rural expansion.
o Reverse logistics (easy returns).
o COD option.
o Real-time tracking.
o Seller central platform.
o Festive season capacity scaling.
o Builds strong reliability.
Difficult
1. Challenges in Managing Promotion Mix
o High cost of advertising.
o Difficulty in integration.
o Measuring effectiveness is tough.
o Rapidly changing digital trends.
o Customer resistance to ads.
o Miscommunication risks.
o Over-promotion damages brand.
o Competitors copy campaigns.
o Cultural differences in global ads.
o Legal restrictions on content.
o Balancing traditional + digital.
o Requires continuous innovation.
MODULE 3: PROMOTION AND DISTRIBUTION
TWO MARKS QUESTIONS (2 lines each)
Direct
1. Define Promotion Mix.
→ Promotion mix is the combination of tools like advertising, sales promotion, PR,
personal selling, and direct marketing.
→ Used to communicate and persuade customers.
2. What is Advertising?
→ Paid, non-personal communication through media.
→ Helps in building awareness and brand image.
3. What is Sales Promotion?
→ Short-term incentives to boost sales.
→ Example: Discounts, coupons, free samples.
4. Define Public Relations (PR).
→ Activities to build positive image of company.
→ Example: Press releases, events, CSR.
5. What is Personal Selling?
→ Direct interaction between salesperson and customer.
→ Helps in building trust and closing sales.
6. What is Digital Marketing?
→ Promotion through digital channels like websites, social media, and email.
→ Provides global reach and low cost.
7. Define Distribution Channel.
→ Path through which products reach consumers.
→ Includes wholesalers, retailers, agents, and online platforms.
8. What is Direct Channel?
→ Producer sells directly to customer.
→ Example: Amul parlors, company websites.
9. What is Indirect Channel?
→ Use of intermediaries like wholesalers/retailers.
→ Example: FMCG products sold in Kirana shops.

Application
1. Coca-Cola promotion strategy.
→ Uses TV ads, sponsorships, events, and digital media.
→ Creates emotional connection with “Open Happiness”.
2. Nike’s promotional mix.
→ Endorsements by athletes.
→ Strong social media campaigns with “Just Do It”.
3. Amazon distribution strategy.
→ Wide logistics network with warehouses and delivery partners.
→ Fast delivery through Prime.

Difficult
1. Challenges in digital marketing.
→ High competition and ad clutter.
→ Risk of negative reviews and data privacy issues.
2. Impact of poor distribution strategy.
→ Delays in product reach.
→ Loss of customer trust and market share.

FIVE MARKS QUESTIONS (7 points each)


Direct
1. Elements of Promotion Mix
o Advertising → Paid communication.
o Sales Promotion → Short-term incentives.
o Personal Selling → Direct interaction.
o Public Relations → Brand image building.
o Direct Marketing → Email, messages, catalogs.
o Digital Marketing → Online and social media.
o Sponsorship/Events → Increases visibility.
2. Importance of Advertising
o Creates awareness.
o Builds brand identity.
o Reaches large audience.
o Supports sales team.
o Encourages repeat purchase.
o Educates customers.
o Builds long-term brand equity.
3. Functions of Distribution Channels
o Product movement from producer to buyer.
o Breaking bulk.
o Storage of products.
o Providing credit facilities.
o Offering customer service.
o Market information sharing.
o Creating product availability.
Application
1. Promotion strategy for Startups
o Use social media.
o Provide discounts.
o Collaborate with influencers.
o Participate in events.
o Use referral programs.
o Target ads online.
o Word-of-mouth promotion.
2. Reliance Jio distribution strategy
o Wide physical outlets.
o Digital recharges.
o Exclusive Jio stores.
o Partnerships with retailers.
o Strong after-sales service.
o Online availability.
o Rural + urban reach.
Difficult
1. Limitations of Promotion Mix
o Expensive advertising.
o Difficult to measure results.
o Over-promotion irritates customers.
o Misleading ads create distrust.
o Too many channels confuse.
o Short-term promotions reduce profits.
o Legal restrictions on ads.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Role of Promotion in Marketing
o Creates awareness.
o Attracts new customers.
o Educates about features.
o Builds brand image.
o Stimulates demand.
o Supports sales force.
o Encourages repeat purchase.
o Differentiates from competitors.
o Helps market entry.
o Improves customer loyalty.
o Increases profitability.
o Ensures long-term growth.
2. Types of Distribution Channels
o Direct channel.
o Indirect channel (1-level, 2-level, 3-level).
o Online/e-commerce channel.
o Franchise model.
o Multichannel distribution.
o Exclusive distribution.
o Intensive distribution.
o Selective distribution.
o Hybrid channels.
o Example: Apple uses exclusive retail.
o Example: FMCG uses intensive retail.
o Each has pros & cons.
3. Digital Marketing Tools
o SEO (Search Engine Optimization).
o SEM (Search Engine Marketing).
o Social Media Marketing.
o Email marketing.
o Content marketing.
o Influencer marketing.
o Affiliate marketing.
o Mobile marketing (apps, SMS).
o Online advertising.
o Analytics tools.
o Retargeting campaigns.
o Video marketing (YouTube, reels).
Application
1. Promotion Mix for a New Organic Product
o Social media campaigns.
o Health influencer tie-ups.
o Free samples at gyms.
o Discounts on first purchase.
o PR with eco-friendly image.
o Ads on health magazines.
o WhatsApp/email marketing.
o Sponsorship of health events.
o Bundle with organic groceries.
o Loyalty cards.
o Online store presence.
o Storytelling ads about sustainability.
2. Amazon’s distribution system in India
o Large network of warehouses.
o Last-mile delivery partners.
o Prime fast delivery.
o Use of AI for routing.
o Tie-ups with local stores.
o Rural expansion.
o Reverse logistics (easy returns).
o COD option.
o Real-time tracking.
o Seller central platform.
o Festive season capacity scaling.
o Builds strong reliability.
Difficult
1. Challenges in Managing Promotion Mix
o High cost of advertising.
o Difficulty in integration.
o Measuring effectiveness is tough.
o Rapidly changing digital trends.
o Customer resistance to ads.
o Miscommunication risks.
o Over-promotion damages brand.
o Competitors copy campaigns.
o Cultural differences in global ads.
o Legal restrictions on content.
o Balancing traditional + digital.
o Requires continuous innovation.
MODULE 4: MARKETING RESEARCH AND CONSUMER BEHAVIOR

TWO MARKS QUESTIONS (2 lines each)


Direct
1. Define Marketing Research.
→ Systematic collection and analysis of market data.
→ Helps managers in decision-making.
2. What is Consumer Behavior?
→ Study of how people buy, use, and dispose of products.
→ Includes cultural, social, personal, and psychological factors.
3. What is Primary Data?
→ Data collected directly from sources like surveys and interviews.
→ It is fresh and specific to the problem.
4. What is Secondary Data?
→ Data already collected for other purposes.
→ Example: Government reports, company records.
5. Define Sampling.
→ Process of selecting a small group from a population.
→ Helps in studying entire population economically.
6. What is a Questionnaire?
→ A set of structured questions for data collection.
→ Used in surveys and interviews.
7. What is Motivation in Consumer Behavior?
→ Inner drive that pushes customers to satisfy needs.
→ Example: Hunger motivates food purchase.
8. What is Perception?
→ Process by which consumers select and interpret information.
→ Affects buying decision.

Application
1. Swiggy using consumer behavior.
→ Analyzes customer food habits and delivery needs.
→ Offers personalized recommendations.
2. Amazon using research data.
→ Uses purchase history for suggestions.
→ Tracks consumer preferences with AI.
3. Colgate new toothpaste launch.
→ Conducts surveys and product testing.
→ Ensures product matches consumer expectations.

Difficult
1. Challenges in data collection.
→ High cost and time.
→ Respondents may give false answers.
2. Impact of psychological factors.
→ Motivation, perception, and learning shape decisions.
→ Can change customer loyalty and brand choice.

FIVE MARKS QUESTIONS (7 points each)


Direct
1. Steps in Marketing Research
o Define problem.
o Set objectives.
o Design research plan.
o Collect data.
o Analyze data.
o Interpret results.
o Present report.
2. Importance of Consumer Behavior Study
o Understand needs.
o Design right products.
o Set suitable prices.
o Select right channels.
o Create effective promotion.
o Build loyalty.
o Stay ahead of competition.
3. Factors Influencing Consumer Behavior
o Cultural factors.
o Social groups & family.
o Personal factors (age, income).
o Psychological factors.
o Lifestyle.
o Attitude & personality.
o Situational factors.
Application
1. Netflix consumer research use
o Collects viewing history.
o Suggests personalized content.
o Tests new features with samples.
o Uses surveys and feedback.
o Tracks global trends.
o Creates original shows for segments.
o Ensures customer retention.
2. Flipkart data use
o Analyzes search history.
o Personalizes ads.
o Offers discounts based on demand.
o Uses AI for suggestions.
o Improves delivery services.
o Expands categories by demand.
o Enhances customer experience.
Difficult
1. Limitations of Marketing Research
o Expensive process.
o Time-consuming.
o Data may be inaccurate.
o Respondent bias.
o Rapid market changes.
o Misuse of results.
o Limited use in dynamic industries.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Role of Marketing Research in Decision Making
o Provides accurate information.
o Helps identify opportunities.
o Reduces risks.
o Improves product design.
o Aids pricing decisions.
o Selects right distribution channels.
o Guides promotional strategy.
o Monitors competitors.
o Tracks customer satisfaction.
o Assists in forecasting.
o Builds long-term strategies.
o Improves overall efficiency.
2. Models of Consumer Behavior
o Economic model.
o Psychological model.
o Sociological model.
o Howard-Sheth model.
o Nicosia model.
o Engel-Blackwell-Miniard model.
o Helps explain decisions.
o Useful for different industries.
o Connects theory with practice.
o Improves marketing effectiveness.
o Predicts customer actions.
o Guides product design.
Application
1. Starbucks using consumer behavior study
o Studies lifestyle & habits.
o Offers premium pricing.
o Personalizes drinks.
o Creates ambiance for loyalty.
o Uses mobile apps for ordering.
o Adapts menu locally.
o Rewards program.
o Digital campaigns.
o Social media listening.
o CSR to appeal socially.
o Constantly innovates.
o Builds emotional connection.
2. Zomato using market research
o Tracks food demand by location.
o Tests new features.
o Uses customer reviews.
o Segments by age & lifestyle.
o Provides festival offers.
o Improves delivery times.
o Predicts food trends.
o Uses surveys for feedback.
o Adds cloud kitchens.
o Enhances app UI.
o Builds restaurant partnerships.
o Strengthens brand image.
Difficult
1. Challenges in Consumer Behavior Research
o Constantly changing tastes.
o Cultural differences.
o Misinterpretation of data.
o Difficulty in predicting future.
o Costly and complex.
o Requires technology.
o Privacy concerns.
o Fake responses.
o Influenced by external factors.
o Time-consuming.
o Not always reliable.
o Must be combined with experience.
MODULE 5: EMERGING TRENDS IN MARKETING

TWO MARKS QUESTIONS (2 lines each)


Direct
1. What is Digital Marketing?
→ Promotion of products through online platforms.
→ Uses tools like SEO, SEM, social media, and email.
2. Define Green Marketing.
→ Marketing eco-friendly and sustainable products.
→ Focuses on environmental safety.
3. What is Relationship Marketing?
→ Building long-term customer relationships.
→ Focuses on loyalty and repeat business.
4. What is Viral Marketing?
→ Promotion spread quickly like “word of mouth” online.
→ Example: Meme campaigns.
5. Define Influencer Marketing.
→ Using social media personalities to promote products.
→ Builds trust with followers.
6. What is Social Media Marketing?
→ Promoting business through platforms like Instagram, Facebook.
→ Increases reach and brand awareness.
7. What is Content Marketing?
→ Creating valuable content to attract customers.
→ Example: Blogs, videos, infographics.

Application
1. Example of Viral Marketing.
→ Dove “Real Beauty” campaign spread worldwide.
→ Connected emotionally with people.
2. Example of Green Marketing.
→ Tesla promotes electric vehicles as eco-friendly.
→ Builds a sustainable brand image.
3. Example of Influencer Marketing.
→ Nike collaborating with athletes on Instagram.
→ Boosts product credibility.

Difficult
1. Challenge in Digital Marketing.
→ Too much competition online.
→ Requires continuous updates.
2. Limitation of Social Media Marketing.
→ Risk of negative comments spreading fast.
→ Difficult to control brand image.
FIVE MARKS QUESTIONS (7 points each)
Direct
1. Features of Digital Marketing
o Cost-effective.
o Global reach.
o Two-way communication.
o Easy tracking of results.
o Personalized targeting.
o Fast and flexible.
o Supports multiple formats.
2. Advantages of Green Marketing
o Protects environment.
o Builds positive brand image.
o Attracts eco-conscious buyers.
o Meets government regulations.
o Encourages innovation.
o Increases competitiveness.
o Creates long-term trust.
3. Types of Online Marketing
o SEO (Search Engine Optimization).
o SEM (Search Engine Marketing).
o Social Media Marketing.
o Content Marketing.
o Email Marketing.
o Affiliate Marketing.
o Influencer Marketing.
Application
1. Amazon using Digital Marketing
o Personalized ads.
o Email offers.
o Mobile app notifications.
o Social media promotions.
o SEO for product ranking.
o Video ads on YouTube.
o Loyalty programs.
2. Starbucks using Relationship Marketing
o Rewards program.
o Personalized app offers.
o Friendly in-store experience.
o Consistent quality.
o Community events.
o Customer feedback system.
o Emotional connection with brand.
Difficult
1. Limitations of Emerging Marketing Trends
o High competition.
o Risk of privacy issues.
o Requires skilled professionals.
o Fast-changing technology.
o Negative publicity spreads fast.
o Fake influencers reduce trust.
o Cost of constant updates.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Role of Social Media in Marketing
o Increases brand awareness.
o Connects directly with customers.
o Low-cost promotion.
o Targets specific groups.
o Supports viral campaigns.
o Helps in customer feedback.
o Improves engagement.
o Builds brand loyalty.
o Tracks competitors.
o Provides instant updates.
o Useful for product launches.
o Strengthens digital presence.
2. Tools of Digital Marketing
o SEO.
o SEM.
o Content Marketing.
o Social Media Marketing.
o Influencer Marketing.
o Affiliate Marketing.
o Email Marketing.
o Mobile Marketing.
o Display Ads.
o Analytics tools.
o Video Marketing.
o Chatbots.
Application
1. Case Study: Zomato’s Digital Marketing
o Engaging memes.
o Personalized offers.
o Push notifications.
o Location-based marketing.
o Social media campaigns.
o Influencer tie-ups.
o App-based discounts.
o Food festival promotions.
o Use of AI for preferences.
o Strong email marketing.
o Emotional ads.
o High customer recall.
2. Case Study: Coca-Cola Green Marketing
o Uses recycled bottles.
o Promotes water conservation.
o Energy-efficient plants.
o CSR eco-projects.
o Campaigns about sustainability.
o Eco-friendly packaging.
o Partners with NGOs.
o Community awareness programs.
o Encourages responsible disposal.
o “World Without Waste” initiative.
o Attracts eco-friendly buyers.
o Builds global goodwill.
Difficult
1. Challenges in Digital & Social Media Marketing
o Cybersecurity risks.
o Data privacy issues.
o Negative viral posts.
o Fake followers.
o Ad-blockers reduce reach.
o Rapidly changing platforms.
o High competition.
o Need for constant creativity.
o Expensive influencer campaigns.
o Fake reviews affect trust.
o Hard to measure emotional impact.
o Overload of online ads.
MODULE 6: MARKETING IN SERVICES SECTOR

TWO MARKS QUESTIONS (2 lines each)


Direct
1. What are Services?
→ Intangible activities offered to satisfy customer needs.
→ Example: Banking, education, healthcare.
2. Define Service Marketing.
→ Marketing activities focused on promoting services.
→ Based on customer experience, trust, and value.
3. What is Service Quality?
→ Measurement of how well service meets expectations.
→ Creates satisfaction and loyalty.
4. What are 7Ps of Service Marketing?
→ Product, Price, Place, Promotion, People, Process, Physical Evidence.
→ Used for service industry marketing mix.
5. Define Customer Satisfaction.
→ Feeling of content when service meets needs.
→ Leads to loyalty and repeat use.
6. What is Service Differentiation?
→ Making service unique to stand out.
→ Example: Fast delivery by Amazon.

Application
1. Example of Service Marketing in Banking.
→ SBI offers net banking and mobile apps.
→ Provides trust and convenience.
2. Example of Service Marketing in Hospitality.
→ OYO offers budget-friendly stays with apps.
→ Builds trust with transparency.
3. Example of Service Differentiation.
→ Zomato differentiates with fast delivery.
→ Adds loyalty through offers.

Difficult
1. Challenge in Marketing Services.
→ Services cannot be stored.
→ Quality may vary person to person.
2. Limitation of Service Quality Measurement.
→ Customer expectations keep changing.
→ Hard to measure emotions and experience.

FIVE MARKS QUESTIONS (7 points each)


Direct
1. Characteristics of Services (IHIP)
o Intangibility.
o Heterogeneity (varies by provider).
o Inseparability (produced & consumed together).
o Perishability (cannot be stored).
o People-driven.
o Customer participation needed.
o Experience-based.
2. Importance of Service Marketing
o Builds strong brand image.
o Increases customer trust.
o Creates loyalty.
o Helps differentiate services.
o Improves service quality.
o Attracts new customers.
o Supports growth in service sector.
3. 7Ps of Service Marketing Mix
o Product (core service).
o Price (service charges).
o Place (delivery channels).
o Promotion (ads, offers).
o People (staff & employees).
o Process (service delivery method).
o Physical Evidence (environment, facilities).
Application
1. Service Marketing in Airlines (IndiGo example)
o Low-cost pricing.
o On-time performance.
o Easy online booking.
o User-friendly app.
o Trained staff.
o Loyalty programs.
o Wide route network.
2. Service Marketing in Healthcare (Apollo example)
o 24/7 care.
o Advanced technology.
o Skilled doctors.
o Online consultations.
o Health packages.
o Clean facilities.
o Trust-building reputation.
Difficult
1. Challenges in Service Marketing
o Intangible nature of services.
o Customer expectations vary.
o Difficult to standardize.
o Perishability.
o Competition is high.
o Requires trained staff.
o High cost to maintain quality.

TEN MARKS QUESTIONS (12 points each)


Direct
1. Differences between Goods and Services
o Goods are tangible, services are intangible.
o Goods can be stored, services perish.
o Goods are standardized, services vary.
o Goods can be owned, services are only experienced.
o Goods are produced separately, services produced-consumed together.
o Goods need less customer involvement, services need more.
o Services rely on people.
o Goods quality measured easily, services hard to measure.
o Goods can be returned, services cannot.
o Goods are visible, services invisible.
o Goods transportable, services not.
o Customer satisfaction more crucial in services.
2. Strategies to Improve Service Quality
o Train employees.
o Collect customer feedback.
o Set clear service standards.
o Use technology.
o Personalize services.
o Reduce waiting time.
o Improve communication.
o Ensure transparency.
o Monitor performance.
o Reward staff performance.
o Handle complaints quickly.
o Focus on long-term relationships.
Application
1. Case Study: Ola Service Marketing
o Affordable pricing.
o Mobile app convenience.
o GPS-based rides.
o Safe travel assurance.
o Trained drivers.
o Multiple ride options.
o Customer support.
o Promotions & discounts.
o Wide availability.
o Fast complaint resolution.
o Focus on technology.
o Builds trust in urban transport.
2. Case Study: Airbnb Service Marketing
o Affordable stays.
o Global network.
o Personalized travel options.
o Easy app & website.
o Unique home experience.
o Safety assurance.
o Customer reviews system.
o Host support programs.
o Local experiences.
o Flexible booking.
o Strong brand reputation.
o Creates global community.
Difficult
1. Future Trends in Service Marketing
o AI and chatbots in service delivery.
o AR/VR in hospitality and travel.
o Digital healthcare.
o On-demand services.
o Subscription models.
o Green and sustainable services.
o Social media influence.
o Hyper-personalization.
o Data-driven insights.
o Self-service kiosks.
o Global service platforms.
o Strong focus on customer experience.

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