Applied Marketing Final

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50 Terms

1
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What is the primary challenge Layla’s Delicacies faces in this case?

Layla had fallen far short of its founder’s growth goals

2
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Which marketing research method is most likely emphasized in the case for gathering consumer insights? - Layla’s Delicacies

Surveys and questionnaires

3
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What is a key competitive advantage of Layla’s Delicacies mentioned in the case?

High-quality, artisanal products

4
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Which target market does Layla’s Delicacies primarily focus on?

High-income, luxury-focused customers

5
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What strategic decision does the case explore to scale up the business? - Layla’s Delicacies

Positioning Layla’s products to their most promising segments

6
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What was the primary objective of the Pillsbury Cookie Challenge?

To revitalize the brand and increase market share

7
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What was a key insight from consumer research highlighted in the case?- Pillsbury

Time-saving products appealed to busy families.

8
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Which segment of consumers did Pillsbury primarily target in the case?

Families with young children

9
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What marketing strategy did Pillsbury use to address the challenege?

Launching an advertising campaign focused on emotional connections

10
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Overall, consumer demographics and family structure were very similar between Canada and the U.S. - Pillsbury

True

11
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What was Chase Sapphire’s primary goal in creating its credit card brand?

To build a strong emotional connection with millennials

12
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Which feature of the Chase Sapphire Reserve card most appealed to millennials?

Travel rewards and exclusive experiences

13
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Which marketing strategy did Chase use to make Sapphire Reserve a cult brand?

Targeted social media advertising and influencer partnerships

14
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What was a major reason millennials were drawn to the Chase Sapphire credit card?

Its reward program and minimalist design

15
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What significant challenge did Chase face in maintaining the popularity of the Sapphire Reserve card?

Balancing high customer acquisition costs with profitability

16
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What was the primary groal of Michelin’s digital service platform initiative?

To diversify from selling tires to offering digital solutions

17
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What did Michelin and Dickinson both do?

The rise of data-driven decision-making in fleet management

18
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Which customer segment was Michelin targeting with its digital services?

Large fleet operators

19
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What was a significant challenge Michelin faced when implementing its digital service platform?

Resistance by Michelin dealers

20
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What competitive advantage did Michelin aim to achieve through its digital platform?

Providing predictive analytics and fleet efficiency insights

21
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What was the primary challenge Crocs faced before its resurgence?

Declining interest in its iconic product due to its unconventional design

22
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What marketing strategy did Crocs use to transform its brand image?

Community-centric marketing and collaborations with influencers

23
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What was one of the key elements of Crocs’ marketing?

Allowing customers to customize their shoes with Jibbitz charms

24
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What is an example of how Crocs turned its perceived “ugliness” into a marketing strength in 2010?

Emphasizing comfort and functionality over traditional beauty standards

25
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What was a key outcome of Crocs’ community-centric approach?

Becoming a globally recognized, trend-setting footwear brand

26
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What was the primary purpose of Google Glass?

To provide hands-free access to augmented reality and information

27
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What was a significant technological feature of Google Glass?

A head-mounted display for real-time notifications

28
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What marketing strategy did Google initially use to promote Google Glass?

Limited release through the “Explorer Program” targeting early adopters

29
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Which concern was a major barrier to Google Glass adoption?

Privacy issues related to its recording capabilities

30
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Who was the initial target marketing for Google Glass?

Tech-savvy early adopters and innovators

31
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What was the primary challenge Harley-Davidson faced in the case?

Declining interest among younger consumers

32
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What strategic initiative did Harley-Davidson implement to attract a younger audience?

Introducing more affordable and lightweight motorcycle models

33
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How did Harley-Davidson aim to strengthen its connection with customers?

By organizing community events and riding clubs

34
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Who were Harley-Davidson’s traditional customers before the brand rejuvenation efforts?

Middle-aged and older riders who valued the brand’s heritage

35
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What role did Harley-Davidson’s brand community play in its rejuvenation strategy?

Building loyalty through events like rallies and group rides

36
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What was the primary pricing challenge Netflix faced in the case?

Balancing customer satisfaction with profitability

37
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What was a major factor influencing Netflix’s pricing decisions

All of the above:

  • The cost of licensing and producing content

  • Competitors pricing for similar services

  • Customer sensitivity to price increases

38
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How did Netflix justify its price increases to customers?

By emphasizing investments in original content and user experience

39
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What pricing model did Netflix predominantly use?

Subscription-based pricing with tiered plans

40
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What role did competition play in Netflix’s pricing strategy?

It pushed Netflix to differentiate through original content

41
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What was the primary area of competition between Amazon and Walmart in the case?

Dominance in the e-commerce and retail sectors

42
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What was Walmart’s key strength in competing with Amazon?

Its vast network of physical stores

43
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What was Walmart’s response to the rise of e-commerce?

Expanding its online platform and improving delivery capabilities

44
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What was a significant challenge for Walmart in competing with Amazon?

Higher operating costs associated with maintaining physical stores

45
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What is the primary market focus of both Headspace and Calm?

Meditation and mindfulness

46
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How did Calm differentiate itself from Headspace?

By focusing on sleep stories and relaxation content

47
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Which primary strategy was used by both Headspace and Calm?

Freemium model with in-app subscriptions

48
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What percentage of the total mindfulness app market did Headspace and Calm jointly hold by 2021?

70%

49
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How did Headspace position itself in the mindfulness app market?

As the approachable educator for novice meditators

50
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Which of the following was a strategy Headspace used to expand its reach?

Investing heavily in athletics partnerships and business-to-business services