The original objective of product packaging was to increase consumer awareness of the product.

A neighborhood shopping center consists of large stores featuring shopping goods, professional offices, a branch bank, and also a movie theatre or a supermarket.

Marketers’ emphasis on targeting smaller market segments has increased the importance of packaging as a promotional tool.

Brand insistence is a company’s first objective for newly introduced products.

A strong brand identity can contribute to the consumers’ perceptions of product quality.

Most buyers prefer basing-point pricing policies compared to other policies used by sellers to handle transportation costs.

Inventory at off-price stores changes frequently as buyers take advantage of special price offers from manufacturers selling excess merchandise.

At the second level of relationship marketing, buyers and sellers develop a dependence on one another that continues to grow over time.

Reminder advertising is typically used during the growth stage and the early part of the maturity stage of the product lifecycle.

Internal marketing involves selling products to employees of the firm at a discount.