Marketing Productivity Metrics
In Marketing 4.0 PAR stands for______
A. Product Auction Rate
B. Purchase Action Ratio
C. Product Advocacy Ratio
D. Purchase Activity Report
View Answer
B. Purchase Action Ratio
In Marketing 4.0, the term BAR refers to __
A. Brand Action Ratio
B. Brand Activity Ratio
C. Brand Auction Rate
D. Brand Advocacy Ratio
View Answer
Answer: D. Brand Advocacy Ratio
In industries with higher customer engagement and a long purchase cycle, __
A. Awareness alone sometimes leads to purchase
B. Awareness is only the beginning of the job
C. Awareness has no role in the purchase activity
D. Awareness is is only the last stage of the job
View Answer
Answer: B. Awareness is only the beginning of the job
In industries that have low customer engagement and a long purchase cycle, __
A. Awareness alone sometimes leads to purchase
B. Awareness is only the beginning of the job
C. Awareness has no role in the purchase activity
D. Awareness is is only the last stage of the job
View Answer
Answer: A. Awareness alone sometimes leads to purchase
A large number of divided customers is reflected in a __ loyalty index.
A. Zero
B. Low
C. High
D. All of the above
View Answer
Answer: C. High
Metrics such as awareness and advocacy, however, have inherent weaknesses; deep focus __ to reach the goal.
A. More on the outcome rather than the process
B. More on the process rather than the outcome
C. Neither outcome nor the process
D. Outcome and process equally
View Answer
Answer: A. More on the outcome rather than the process
_____ measures how well companies convert brand awareness into brand purchase.
A. BAR
B. PAR
C. A1
D. A4
View Answer
Answer: B. PAR
______ measures how good companies convert brand awareness into brand advocacy.
A. BAR
B. PAR
C. A1
D. A4
View Answer
Answer: A. BAR
From a population of 100, If brand X is spontaneously recalled by 90 people, out of that 90, only 18 people end up buying the brand and only 9 spontaneously recommend the brand, the PAR for brand X is _____
A. 0.18
B. 0.1
C. 0.2
D. 0.09
View Answer
Answer: C. 0.2
If PAR value for brand ABC is 0.2 and awareness is 0.9, then it performs ____
A. excellent
B. poorly
C. far better than any other competitors
D. perfectly
View Answer
Answer: B. poorly
_____ calculates as the number of percentage of people in the market who purchased the brand.
A. Brand advocacy ratio
B. Purchase action ratio
C. People action ratio
D. ROE
View Answer
B. Purchase action ratio
____ calculates as the number of percentage of people in the market who spontaneously recommend the brand to others.
A. Brand advocacy ratio
B. Purchase action ratio
C. People action ratio
D. ROE
View Answer
Answer: B. Brand advocacy ratio
______ measures how much profit a company generates with equity share holders have invested.
A. BAR
B. PAR
C. ROE
D. ROMI
View Answer
Answer: C. ROE
____ allow marketers to measure the productivity of their spending particularly for generating brand awareness.
A. ROE and ROI
B. ROMI
C. PAR and BAR
D. 5A’s
View Answer
Answer: C. PAR and BAR
ROMI stands for ______
A. Rate of marketing investment
B. Ratio of marketing investment
C. Risk on marketing investment
D. Return on marketing investment
View Answer
Answer: D. Return on marketing investment
In a DuPont analysis, _______ is NOT seen as a part of ROE.
A. Asset use efficiency
B. Advocacy
C. Profitability
D. Financial leverage
View Answer
Answer: B. Advocacy
Marketers should measure ft conversion rate from _______to advocacy.
A. Act
B. Appeal
C. Awareness
D. Ask
View Answer
Answer: C. Awareness
A low conversion rate from aware to appeal for a brand reflects low customer
A. curiosity
B. attraction
C. commitment
D. affinity
View Answer
Answer: B. attraction
A low conversion rate from appeal to ask for a brand is a sign of low customer _____
A. curiosity
B. attraction
C. commitment
D. affinity
View Answer
Answer: A. Curiosity
A low conversion rate from ask to act for a brand indicates low _
A. curiosity
B. attraction
C. commitment
D. affinity
View Answer
Answer: C. Commitment
A low conversion rate from act to advocate for a brand indicates low _
A. curiosity
B. attraction
C. commitment
D. affinity
View Answer
Answer: D. affinity