chap 2

chap 2
15問 • 1年前
  • Jake Matthew
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    問題一覧

  • 1

    The part of the marketing mix that determines how the value created by a product is divided between the customer and the organization.

    price

  • 2

    A pricing approach that bases the price of a product on its economic value to the customer.

    value pricing

  • 3

    This schematic captures the three critical inputs in a value-based pricing decision: True Economic Value (TEV), Perceived Value (PV), and the Cost of Goods Sold (COGS).

    value-pricing thermometer

  • 4

    The ___ ___ ____that a fully informed buyer assigns to a product, calculated by comparing it to the next-best alternative and factoring in performance differences.

    tev

  • 5

    The subjective value that a customer perceives a product to have, which often differs from the product's true economic value.

    pv

  • 6

    The total variable cost of producing a product, which represents the lower bound on the price an organization would be willing to set.

    cogs

  • 7

    A pricing strategy where a company adds a predetermined markup to the production cost of a product.

    cost-plus pricing

  • 8

    The ability to set different prices for different customer segments based on their perceived value of the product.

    price customization

  • 9

    The process of capturing a portion of the value a product creates for the customer, maximizing both company profit and customer satisfaction.

    value capture

  • 10

    A method for analyzing how different prices and sales volumes impact a firm’s profitability, commonly used to set appropriate price points.

    breakeven analysis

  • 11

    A technique used to calculate the incremental profit from changes in price or sales volume, helping to optimize profitability.

    marginal math

  • 12

    The three main elements that influence value pricing decisions: TEV, PV, and COGS, helping define the feasible price range for a product.

    feasible price range

  • 13

    The concept where a product is priced below its cost temporarily to generate customer interest or market adoption.

    penetration pricing

  • 14

    A situation where the perceived value of a product is less than its true economic value, potentially due to customer skepticism or lack of awareness.

    pv below tev

  • 15

    The concept that the value of a product differs across customers due to variations in their specific needs and the context in which they use the product.

    customer value variation

  • Chap 1

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    topic 6

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    evolution

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    module 3

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    module 4

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    module 5

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    chap 6

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    chap 7

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    CHAP 8

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    chap 8

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    chap 9

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    kj

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    chap 4

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    chap 6

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    chap 2

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    chap 3

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    chap 4

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    chap 3

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    chap 4

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    chap 2

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    17問 • 1年前
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    creativity part 2

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    chap 4

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    chap 4

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    domestic and international

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    business plan

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    Business plan part 2

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    chap 5

    chap 5

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    chap 5

    25問 • 1年前
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    marketing plan

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    chap 6

    chap 6

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    chap 6

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    18問 • 1年前
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    chap 7

    chap 7

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    chap 7

    chap 7

    29問 • 1年前
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    media research

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    Jake Matthew · 21問 · 1年前

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    economic and social aspects of advertising

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    Jake Matthew · 9問 · 1年前

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    economic and social aspects of advertising

    9問 • 1年前
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    advertising agency

    advertising agency

    Jake Matthew · 17問 · 1年前

    advertising agency

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    17問 • 1年前
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    planning an advertiser campaign

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    Jake Matthew · 20問 · 1年前

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    planning an advertiser campaign

    20問 • 1年前
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    chap 7

    chap 7

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    chap 7

    chap 7

    5問 • 1年前
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    chap 8

    chap 8

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    chap 8

    chap 8

    10問 • 1年前
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    web store

    web store

    Jake Matthew · 21問 · 1年前

    web store

    web store

    21問 • 1年前
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    identifying and understanding customer

    identifying and understanding customer

    Jake Matthew · 41問 · 1年前

    identifying and understanding customer

    identifying and understanding customer

    41問 • 1年前
    Jake Matthew

    advertising creativity

    advertising creativity

    Jake Matthew · 44問 · 1年前

    advertising creativity

    advertising creativity

    44問 • 1年前
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    retailing establishing

    retailing establishing

    Jake Matthew · 39問 · 1年前

    retailing establishing

    retailing establishing

    39問 • 1年前
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    integrated retail

    integrated retail

    Jake Matthew · 23問 · 1年前

    integrated retail

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    23問 • 1年前
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    問題一覧

  • 1

    The part of the marketing mix that determines how the value created by a product is divided between the customer and the organization.

    price

  • 2

    A pricing approach that bases the price of a product on its economic value to the customer.

    value pricing

  • 3

    This schematic captures the three critical inputs in a value-based pricing decision: True Economic Value (TEV), Perceived Value (PV), and the Cost of Goods Sold (COGS).

    value-pricing thermometer

  • 4

    The ___ ___ ____that a fully informed buyer assigns to a product, calculated by comparing it to the next-best alternative and factoring in performance differences.

    tev

  • 5

    The subjective value that a customer perceives a product to have, which often differs from the product's true economic value.

    pv

  • 6

    The total variable cost of producing a product, which represents the lower bound on the price an organization would be willing to set.

    cogs

  • 7

    A pricing strategy where a company adds a predetermined markup to the production cost of a product.

    cost-plus pricing

  • 8

    The ability to set different prices for different customer segments based on their perceived value of the product.

    price customization

  • 9

    The process of capturing a portion of the value a product creates for the customer, maximizing both company profit and customer satisfaction.

    value capture

  • 10

    A method for analyzing how different prices and sales volumes impact a firm’s profitability, commonly used to set appropriate price points.

    breakeven analysis

  • 11

    A technique used to calculate the incremental profit from changes in price or sales volume, helping to optimize profitability.

    marginal math

  • 12

    The three main elements that influence value pricing decisions: TEV, PV, and COGS, helping define the feasible price range for a product.

    feasible price range

  • 13

    The concept where a product is priced below its cost temporarily to generate customer interest or market adoption.

    penetration pricing

  • 14

    A situation where the perceived value of a product is less than its true economic value, potentially due to customer skepticism or lack of awareness.

    pv below tev

  • 15

    The concept that the value of a product differs across customers due to variations in their specific needs and the context in which they use the product.

    customer value variation