Business C3A Homework Quiz

What should be considered to complement a product's USP and brand positioning?

• Competitors' Activities

• Marketing Costs

• Product and Brand Image

• Speed and Accessibility of Information

Which marketing method might a luxury brand use?

• Direct mail

• Print ads

• Social media marketing

• High-end advertising

What is crucial for businesses responding to market trends?

• Speed and Accessibility of Information

• Marketing Costs

• Target Market Reach

• Entrepreneur's Experience

Which method is suitable for hard-to-reach audiences?

• Digital marketing

• Social media marketing

• Print or TV ads

• Direct mail

What should businesses with limited budgets focus on?

• Print ads

• TV ads

• High-end advertising

• Social media marketing or direct mail

How can businesses differentiate their approach?

• By understanding competitor strategies

• By targeting hard-to-reach audiences

• By choosing high-end advertising

• By focusing on digital marketing

What should be considered based on the entrepreneur's marketing expertise?

• Product and Brand Image

• Marketing Costs

• Competitors' Activities

• Entrepreneur's Experience

What might experienced marketers opt for?

• Ignoring digital marketing

• Direct mail only

• A mix of several social media platforms, print ads, and local radio

• Just one or two social media platforms

What is a suitable strategy for less experienced entrepreneurs?

• Competitor analysis only

• High-end advertising

• Just one or two social media platforms

• Complex strategies involving multiple platforms

Which factor is not directly mentioned as influencing the choice of marketing methods?

• Product and Brand Image

• Target Market Reach

• Marketing Costs

• The weather