Deck 4: Segmenting Audiences for Sports
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/103
Play
Full screen (f)
Deck 4: Segmenting Audiences for Sports
1
Recognizing market segmentation as a(n)________ means that organizations are capable of modifying their targeting strategy as changes in the market are observed.
A)default strategy
B)adaptive strategy
C)creative process
D)positioning approach
A)default strategy
B)adaptive strategy
C)creative process
D)positioning approach
B
2
The task of breaking through an environment of intense competition for consumers' discretionary incomes decreases the importance of identifying relevant customer segments.
False
3
In segmenting business markets based on behavior,the two most common variables used are dollar value of revenue generated and size of advertising and sponsorship budget.
False
4
In choosing appropriate media vehicles for a marketing message,cost is a major consideration.In this context,cost effectiveness considers two factors: dollar cost of placing the marketing message in the media vehicle and the number of individuals exposed to that media vehicle.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
5
In segmenting business markets,industry or category membership refers to the line of business in which a firm operates.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
6
Segmenting audiences to market experiential events is based on the realization that their engagement can strengthen commitment of existing customers and escalate commitment of new customers.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
7
Segmentation is a default strategy because it reflects the understanding that differences exist among consumers in the marketplace.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
8
Social networking sites are an attractive medium for sports properties because of their ability to reach teens and young adults.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
9
Communication with audience segments can be more effective when it is linked to their interests or lifestyles.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
10
A study by Pew Research found that ________ of Americans follow sports closely or somewhat closely.
A)23%
B)37%
C)46%
D)68%
A)23%
B)37%
C)46%
D)68%
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
11
In evaluating a B2B buying decision,a company will likely compare the outcome to objectives that were established prior to the purchase.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
12
Market segmentation is considered all of the following except
A)default strategy
B)adaptive strategy
C)creative process
D)positioning approach
A)default strategy
B)adaptive strategy
C)creative process
D)positioning approach
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
13
While it is tempting for marketers to focus on the heavy users of a product,it is important to target at least some marketing efforts at non-users,light users,and moderate users.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
14
Consumer behavior is driven by motivation to receive certain benefits or outcomes from a product or service.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
15
Because of the nature of sports,it is difficult to describe a sport's audience in terms of demographic characteristics.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
16
Marketing is a default strategy because it is a process that can be used to identify the most relevant audiences a sports property can serve.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
17
Eric,a marketer with the San Antonio Spurs,has contacted a large manufacturer about sponsoring the team.Since it would be a multimillion dollar sponsorship,Eric will most likely have to convince several people about the benefits of the arrangement.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
18
The good and bad news of market segmentation is that there is no single recipe or formula for segmenting audiences.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
19
When designing marketing messages,it is most important to focus on a specific attribute of a sports product that is important to the target audience.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
20
Events and other forms of experiential marketing provide customer engagement that can be more enduring and impactful than just brand exposure and can also be a differentiator for a business to demonstrate care towards its customers.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
21
Sociodemographic characteristics used to describe market segments include the following except
A)ethnicity
B)geographic
C)occupation
D)psychographic
A)ethnicity
B)geographic
C)occupation
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
22
Variables that classify individuals on the basis of personal values they hold,hobbies and interests,and lifestyle are called
A)demographic
B)geographic
C)socioeconomic
D)psychographic
A)demographic
B)geographic
C)socioeconomic
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
23
Which of the following questions is least useful when segmenting consumer audiences?
A)What are the descriptive characteristics of our customers?
B)What product attributes are important to our customers?
C)What benefits do our customers seek?
D)What behaviors do our customers exhibit?
A)What are the descriptive characteristics of our customers?
B)What product attributes are important to our customers?
C)What benefits do our customers seek?
D)What behaviors do our customers exhibit?
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
24
According to Maslow's hierarchy of needs theory,esteem needs include
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)morality,creativity,and lack of prejudice
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)morality,creativity,and lack of prejudice
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
25
According to Maslow's hierarchy of needs theory,safety needs include
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)food,rest,and other basic needs
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)food,rest,and other basic needs
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
26
Demographic characteristics of a market segment include the following except
A)gender
B)ethnicity
C)social class
D)family life cycle stage
A)gender
B)ethnicity
C)social class
D)family life cycle stage
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
27
Psychographic variables classify individuals using the following except
A)social class
B)personal values
C)hobbies and interests
D)lifestyle
A)social class
B)personal values
C)hobbies and interests
D)lifestyle
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
28
Research by the Atlanta Braves found the following distinctive market segments except
A)young adults
B)avid fans
C)families
D)entertainment seekers
A)young adults
B)avid fans
C)families
D)entertainment seekers
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
29
Kevin enjoys playing tennis and racquetball.He also has an interest in camping and hiking.These characteristics of Kevin are classified as
A)demographic data
B)geographic variables
C)socioeconomic data
D)psychographic variables
A)demographic data
B)geographic variables
C)socioeconomic data
D)psychographic variables
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
30
Sociodemographic characteristics are used to describe market segments for the following reasons except
A)they are easy to understand
B)they are relatively easy to measure
C)they provide accurate descriptions of a sports property's target markets
D)most of the information can be obtained from secondary data
A)they are easy to understand
B)they are relatively easy to measure
C)they provide accurate descriptions of a sports property's target markets
D)most of the information can be obtained from secondary data
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
31
Through research of users,Zach found that 65% of season ticket holders had household incomes of $100,000 or more and had a college degree.These descriptors would be classified as
A)demographic
B)geographic
C)socioeconomic
D)psychographic
A)demographic
B)geographic
C)socioeconomic
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
32
Once market segments have been identified,the primary challenge for a sports property is to
A)identify differences among the segments and determine how to use those insights to tailor marketing activities
B)create radio advertisements that appeal to each market segment
C)list the characteristics of each market segment that allow for easy identification at games/events with database technology
D)create a default segmentation strategy for each segment
A)identify differences among the segments and determine how to use those insights to tailor marketing activities
B)create radio advertisements that appeal to each market segment
C)list the characteristics of each market segment that allow for easy identification at games/events with database technology
D)create a default segmentation strategy for each segment
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
33
Spectator sports and experiential events are typically marketed to meet the target market's
A)social needs
B)safety needs
C)physiological needs
D)self-actualization needs
A)social needs
B)safety needs
C)physiological needs
D)self-actualization needs
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
34
Michelle is designing an advertisement for a sports brand.The segment she wants to target views sports as meeting social needs.She should most likely feature any of the following in her ad except
A)images of tailgating
B)fans receiving special discounts at concessions
C)in-game activities involving fan participation
D)groups of fans talking,cheering,and laughing
A)images of tailgating
B)fans receiving special discounts at concessions
C)in-game activities involving fan participation
D)groups of fans talking,cheering,and laughing
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
35
Through research of users,Kyle found that one target market for his sports property was primarily males in the 30-50 age group with children in their teens or out of the home already.These descriptors would be classified as
A)demographic
B)geographic
C)socioeconomic
D)psychographic
A)demographic
B)geographic
C)socioeconomic
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
36
Socioeconomic characteristics of a market segment include the following except
A)occupation
B)education level
C)social class
D)family life cycle stage
A)occupation
B)education level
C)social class
D)family life cycle stage
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
37
According to Maslow's hierarchy of needs theory,physiological needs include
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)food,rest,and other basic needs
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)food,rest,and other basic needs
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
38
Through research of users,Becky found that 70% of season ticket holders lived within 30 miles of the stadium and 40% lived within three different counties.These descriptors would best be classified as
A)demographic
B)geographic
C)socioeconomic
D)psychographic
A)demographic
B)geographic
C)socioeconomic
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
39
According to Maslow's hierarchy of needs theory,social needs needs include
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)food,rest,and other basic needs
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)food,rest,and other basic needs
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
40
According to Maslow's hierarchy of needs theory,self-actualization needs include
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)morality,creativity,and lack of prejudice
A)comfort and security
B)relationships with family,friends and others
C)confidence,achievement,and respect of others
D)morality,creativity,and lack of prejudice
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
41
Descriptive characteristics used to segment business audiences include the following except
A)industry membership
B)organizational size
C)socioeconomic factors
D)geographic location
A)industry membership
B)organizational size
C)socioeconomic factors
D)geographic location
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
42
Katherine is the marketing manager for a sports property in Richmond,Virginia.She is offering one of the local automobile dealers a sponsorship opportunity to be the official automobile dealer of the sports property.This type of B2B segmentation is based on
A)industry or category membership
B)organizational size
C)sponsorship type
D)geographic location
A)industry or category membership
B)organizational size
C)sponsorship type
D)geographic location
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
43
What is the least likely purchase motivation in a B2B market?
A)building social networks
B)increasing brand awareness
C)gaining new customers
D)improving employee morale
A)building social networks
B)increasing brand awareness
C)gaining new customers
D)improving employee morale
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
44
A measure of the number of persons who are exposed by a media vehicle who are also part of the target market is known as
A)reach
B)targeted reach
C)targeted media
D)total reach
A)reach
B)targeted reach
C)targeted media
D)total reach
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
45
If the best way to reach Cody and other customers like him is with word-of-mouth,the best media vehicle likely is
A)social media
B)television
C)radio
D)magazines
A)social media
B)television
C)radio
D)magazines
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
46
In terms of communication channels,________ advertising is projected to grow from 17% of the total media advertising budget to 26% by 2015.
A)television
B)radio
C)newspaper
D)Internet
A)television
B)radio
C)newspaper
D)Internet
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
47
Fox Sports Midwest is best classified as a
A)media vehicle
B)market segment
C)touch point
D)social medium
A)media vehicle
B)market segment
C)touch point
D)social medium
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
48
According to an ESPN poll,the preferred source of information about a sport is
A)general sport websites
B)team websites
C)print newspapers
D)newspaper websites
A)general sport websites
B)team websites
C)print newspapers
D)newspaper websites
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
49
Business-to-business customers for sports properties include the following except
A)corporate sponsors
B)advertising partners
C)government entities
D)nonprofit organizations
A)corporate sponsors
B)advertising partners
C)government entities
D)nonprofit organizations
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
50
Targeted reach is a measure of the number of persons who are
A)exposed to a small market segment
B)exposed by a media vehicle who are also part of the target market
C)within a market segment who can be reached by a specific media vehicle
D)within a media vehicle's audience who are exposed to a specific marketing message
A)exposed to a small market segment
B)exposed by a media vehicle who are also part of the target market
C)within a market segment who can be reached by a specific media vehicle
D)within a media vehicle's audience who are exposed to a specific marketing message
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
51
Advertising expenditures in all of the following are expected to remain flat or decline except
A)television
B)radio
C)Internet
D)magazines
A)television
B)radio
C)Internet
D)magazines
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
52
Jasmine has been hired as the marketing director for a professional hockey team responsible for business customers.Which of the following will Jasmine most likely experience as she works in B2B marketing?
A)More than one individual will be involved in the buying process.
B)Most contacts will come from mass media advertising campaigns.
C)Purchases will be based mostly on emotional and social needs.
D)Purchasing decisions will be made soon after initial contact.
A)More than one individual will be involved in the buying process.
B)Most contacts will come from mass media advertising campaigns.
C)Purchases will be based mostly on emotional and social needs.
D)Purchasing decisions will be made soon after initial contact.
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
53
The ideal promotional approach for B2B markets is
A)advertising
B)Internet marketing
C)sales promotions
D)personal selling
A)advertising
B)Internet marketing
C)sales promotions
D)personal selling
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
54
Segmenting consumers based on frequency,volume,and dollar amount of purchases is known as ________ segmentation.
A)demographic
B)usage rate
C)socioeconomic
D)psychographic
A)demographic
B)usage rate
C)socioeconomic
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
55
Which term refers to a specific platform that can be used to deliver a message to an audience?
A)media vehicle
B)targeted reach
C)touchpoint
D)medium
A)media vehicle
B)targeted reach
C)touchpoint
D)medium
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
56
Which term refers to all of the individuals who might be within a media vehicle's audience?
A)general media
B)targeted reach
C)targeted media
D)total reach
A)general media
B)targeted reach
C)targeted media
D)total reach
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
57
To be viable,a market segment must be accessible in terms of messages and communications.It is useful to ask the following questions except
A)Where are the audience segments found?
B)What are the communication touchpoints for interaction?
C)What media vehicles are most appropriate and cost effective?
D)What type of benefits does each segment seek?
A)Where are the audience segments found?
B)What are the communication touchpoints for interaction?
C)What media vehicles are most appropriate and cost effective?
D)What type of benefits does each segment seek?
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
58
Usage rate segmentation is rooted in the concept of the 80/20 rule,which suggests that
A)80% of the customers are season ticket holders while 20% attend only one game a year
B)20% of the customers attend more than one game a year while 80% only attend one game a year
C)20% of the customers generate 80% of the revenue and profit
D)80% of the customers generate 20% of the revenue and profit
A)80% of the customers are season ticket holders while 20% attend only one game a year
B)20% of the customers attend more than one game a year while 80% only attend one game a year
C)20% of the customers generate 80% of the revenue and profit
D)80% of the customers generate 20% of the revenue and profit
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
59
Of the traditional mass media,the sharpest decline in advertising expenditures in the future is anticipated to be for
A)television
B)radio
C)newspapers
D)magazines
A)television
B)radio
C)newspapers
D)magazines
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
60
Heather has segmented all of the individuals in her database into four categories according to how many game tickets they purchased last year.This is an example of ________ segmentation.
A)demographic
B)usage rate
C)socioeconomic
D)psychographic
A)demographic
B)usage rate
C)socioeconomic
D)psychographic
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
61
Brian is the marketing manager for a professional football team.He offered all season ticket holders the opportunity to meet the coaches and star players during a special autograph session two hours before the session went public.This is an example of applying segmentation to
A)ticket sales
B)experiential events
C)sponsorships
D)media content
A)ticket sales
B)experiential events
C)sponsorships
D)media content
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
62
Kelsey has decided to purchase a sponsorship package with the local hockey team because she thinks it will boost morale for her company's employees.This is an example of a business purchase decision based on
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
63
Segmentation approaches for ticket sales include the following approaches except
A)appealing to heavy users
B)appealing to light users
C)expanding the geographic footprint
D)appealing to the motivations of buyers
A)appealing to heavy users
B)appealing to light users
C)expanding the geographic footprint
D)appealing to the motivations of buyers
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
64
With an ABC analysis of segmenting business customers,the "C" customer is
A)60% to 70% of the customers whose buying behavior can be described as moderate
B)occasional and low-dollar buyers who make up between 15% and 20% of the customers
C)15% to 20% of the customers who account for a significant portion of the revenue generated
D)the top 10% of the customers who generate 80% to 90% of the revenue
A)60% to 70% of the customers whose buying behavior can be described as moderate
B)occasional and low-dollar buyers who make up between 15% and 20% of the customers
C)15% to 20% of the customers who account for a significant portion of the revenue generated
D)the top 10% of the customers who generate 80% to 90% of the revenue
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
65
Jordan usually attends one or two basketball games a year.He received a phone call from the Minnesota Timberwolves offering him a 35% discount if he purchased a season ticket or a 20% discount on a 20-game package.This is an example of the Timberwolves using a segmentation approach of
A)appealing to heavy users
B)appealing to light users
C)expanding the geographic footprint
D)appealing to the motivations of buyers
A)appealing to heavy users
B)appealing to light users
C)expanding the geographic footprint
D)appealing to the motivations of buyers
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
66
Alex is marketing sponsorships that begin at $20 million for a 4-year period.Because of the cost he wants to target firms with at least 10,000 employees.This type of B2B segmentation is based on
A)industry or category membership
B)organizational size
C)sponsorship type
D)geographic location
A)industry or category membership
B)organizational size
C)sponsorship type
D)geographic location
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
67
Tom received 4 tickets from his boss to the Dallas Cowboys football game for the excellent work he performed on a contract bid for a local Dallas business.This is an example of a B2B sports consumption decision based on
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
68
Victoria has played tennis since she was 9 years old.When an opportunity came to sponsor the local college tennis team,Victoria immediately signed the company up for the sponsorship.Out of the 40 employees in the company,only one employee other than Victoria has any interest in tennis.This is an example of a B2B sports consumption decision based on
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
69
The St.Louis Cardinals baseball team decided to market sponsorship opportunities to states outside of Missouri where the team is located.This is an example of the Cardinals using a segmentation approach of
A)appealing to heavy users
B)appealing to light users
C)expanding the geographic footprint
D)appealing to the motivations of buyers
A)appealing to heavy users
B)appealing to light users
C)expanding the geographic footprint
D)appealing to the motivations of buyers
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
70
Tiffany wants to strengthen relationships with her primary clients,so she has decided to purchase a sponsorship package with the local football team.This is an example of a business purchase decision based on
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
71
Kelsey is looking for business partners for the sports property she manages located in Jacksonville,Florida.She wants to locate businesses within a 50 mile radius of Jacksonville.This type of B2B segmentation is based on
A)industry or category membership
B)organizational size
C)sponsorship type
D)geographic location
A)industry or category membership
B)organizational size
C)sponsorship type
D)geographic location
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
72
Hannah offered her best companies the opportunity to attend the Kentucky Derby,be part of her company's hospitality suite,and go to the stables for a special tour before the races.This is an example of applying segmentation to
A)ticket sales
B)experiential events
C)sponsorships
D)media content
A)ticket sales
B)experiential events
C)sponsorships
D)media content
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
73
Steve has decided to purchase a sponsorship package with the local baseball team because he is good friends with the marketing director for the baseball team.This is an example of a business purchase decision based on
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
74
Businesses often make sports-related investments to meet marketing objectives,which can include the following except
A)increasing brand awareness
B)improving employee morale
C)creating a desired brand image
D)obtaining new customers
A)increasing brand awareness
B)improving employee morale
C)creating a desired brand image
D)obtaining new customers
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
75
Market segments should meet the following criteria except
A)the organization has the capabilities and resources to serve the market's need
B)the segment can be reached through communication channels
C)relationships with customers in the segment will be profitable
D)the segment can be defined exclusively in socioeconomic terms
A)the organization has the capabilities and resources to serve the market's need
B)the segment can be reached through communication channels
C)relationships with customers in the segment will be profitable
D)the segment can be defined exclusively in socioeconomic terms
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
76
Businesses often make sports consumption decisions based on meeting a specific objective.Most B2B purchasing decisions are based on
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
A)marketing objectives
B)internal objectives
C)personal objectives
D)societal objectives
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
77
Business markets can be segmented based on behavior,and the primary behavior variable of interest is
A)purchase activity
B)number of employees
C)advertising expenditures
D)budget for sponsorships and activation
A)purchase activity
B)number of employees
C)advertising expenditures
D)budget for sponsorships and activation
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
78
With an ABC analysis of segmenting business customers,the "A" customer is
A)60% to 70% of the customers whose buying behavior can be described as moderate
B)occasional and low-dollar buyers who make up between 15% and 20% of the customers
C)15% to 20% of the customers who account for a significant portion of the revenue generated
D)the top 10% of the customers who generate 80% to 90% of the revenue
A)60% to 70% of the customers whose buying behavior can be described as moderate
B)occasional and low-dollar buyers who make up between 15% and 20% of the customers
C)15% to 20% of the customers who account for a significant portion of the revenue generated
D)the top 10% of the customers who generate 80% to 90% of the revenue
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
79
The two marketing objectives frequently identified by sponsors for B2B sports consumption are
A)increasing sales and gaining new customers
B)strengthening client relations and boosting employee morale
C)motivating employees and increasing brand awareness
D)increasing brand awareness and creating a desired brand image
A)increasing sales and gaining new customers
B)strengthening client relations and boosting employee morale
C)motivating employees and increasing brand awareness
D)increasing brand awareness and creating a desired brand image
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck
80
With an ABC analysis of segmenting business customers,the "B" customer is
A)60% to 70% of the customers whose buying behavior can be described as moderate
B)occasional and low-dollar buyers who make up between 15% and 20% of the customers
C)15% to 20% of the customers who account for a significant portion of the revenue generated
D)the top 10% of the customers who generate 80% to 90% of the revenue
A)60% to 70% of the customers whose buying behavior can be described as moderate
B)occasional and low-dollar buyers who make up between 15% and 20% of the customers
C)15% to 20% of the customers who account for a significant portion of the revenue generated
D)the top 10% of the customers who generate 80% to 90% of the revenue
Unlock Deck
Unlock for access to all 103 flashcards in this deck.
Unlock Deck
k this deck