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Brand names are introduced into the entire marketplace at the same time. No testing is necessary
False
30 Percent of a product's retail price pays for packaging
design
A generic product costs more than a branded product because it's heavily advertised
False
Americans will not buy products with eco-friendly packaging if they must pay more
False
Which government body enforces the Nutrition Labeling and Education Act?
Food and Drug Administration (FDA)
Private brands are sold everywhere
even in competitors' stores
What largely determines a product's success or failure in the marketplace?
Consumer Reaction to the product
Once a product has a brand name
it never changes
The Tylenol poisoning of the 1980s occurred in which city?
False (It was in Chicago)
A star used by an oil company to identify their brand is called a
Brand Mark
Which federal agency requires health warnings on certain U.S. manufactured products?
U.S. Consumer Product Safety Commission (CPSC)
Successful brands rarely become global brands
False
Big Mac is an example of a
Brand Name
Disney is an example of a
Trade Name (Corporate Name)
Designing packaging for customer convenience reflects what goal?
Meeting Consumer Needs
Packaging batteries in larger packs reflects what packaging goal?
Theft Reduction
___ generate most sales for consumer product categories
National Brands
Switching from glass to plastic packaging serves what function?
Protecting Consumers
Brands that offer retailers high profit margins are
Private Distributor Brands
Tamper-resistant plastic packaging is called a
Blister Pack
A word
letter
This brand type promotes store loyalty
Private Distributor Brand
Snap
Crackle
Selling pancake mix and syrup together is called
Mixed Bundling
Which is not a reason branding is important?
Retailers will save money while branding
Bowl and Basket is a private brand from
ShopRite
Good and Gather is a private brand from
Target
A shirt tag showing wash instructions is a
Descriptive Label
BJ’s private brand is
Wellsley Farms
Walmart’s private brand is
Great Value
Tamperproof packaging supports which packaging function?
Theft Reduction
Eggs and meats must be sold with a
Grade
Which governing body regulates organic labeling?
Department of Agriculture (USDA)