1 Private label brands are __________.

owned by retailers

stages in brand growth

national brands

exemplars



2 Las Vegas' successful “What Happens Here, Stays Here” campaign that began in 2003 was part of a _____________ strategy.

trademark branding

service branding

benefit branding

place branding



3 Strong brands carry many different types of ____ and marketers must account for all of them when making marketing decisions.

associations

identities

core benefits

credence goods



4 Morton, Ivory, Quaker, Perdue, and Dole are examples of brands that successfully differentiated __________ from their competitors.

intangible assets

experience goods

basic services

commodity products



5 The __________describes how to create intense loyalty and strong customer relationships with customers.

points-of-parity model

brand resonance model

brand value chain model

brand hierarchy model



6 Car insurance is an example of ____________.

credence good

experience product

social product

symbolic good



7 Trademarks ___________.

were created when an English law passed in 1266

were first introduced in the early 2000s

were first seen after the Great Depression

can be traced back to ancient pottery and stonemason’s marks



8 A(n) ______ is more than a(n) ______ because it can have dimensions that differentiate it from other offers designed to satisfy the same need.

Brand, product



9 Which of the following is NOT a role that brands play for the consumers:

Assignment of responsibility to the product maker

Search cost reducer

Source of competitive

Risk reducer



10 __________ are the personal value and meaning that consumers attach to the product or service attributes.

Brand associations



11 _________ are the attributes that make a brand unique. The reasons why consumers should choose your brand over the competition.

Points-of-difference

Brand architecture

Points-of-parity

Frame of reference



12 Points-of-parity are easier to achieve than points-of-difference.

true

false



13 _______ is the set of all actual and potential buyers who have sufficient interest in, income for, and access to a product.

A market



14 All the following are ways to convey a brand's category membership, EXCEPT:

relying on a product descriptor

comparing to exemplars

communicating category benefits

working with higher margins



15 _______ provide a competitive advantage and the “reason why” consumers should choose the brand over the competition.

Points of Difference



16 ___________ is consumers’ ability to retrieve the brand from memory when given the product category, the needs fulfilled by the category, or a purchase or usage situation as a cue.

Brand image

Brand recognition

Brand recall

Brand identity



17 A brand has positive customer-based brand equity when ________________

it has more points-of-parity than points-of-difference.

customers react more favorably to a product if the brand is not identified.

customers react more favorably to a product when the brand is identified than when it is not.

it has larger margins.

what are the correct answers for these questions?