Which of the following is not a common marketing strategy?

When a company places an ad and offers no interest on your purchase for three years:

What is a safe assumption to make regarding companies and their marketing practices?

What concept is best explained by the statement, ʺMoney spent here cannot be spent thereʺ?

Four common marketing tactics are:

Identify which method companies are using to compete for your money: Car salesman

Which of the following should you consider when making a significant purchase?

Which is not a ʺpower over purchaseʺ tactic?

The promotion of a product or service by identifying it with distinct characteristics; usually associated with public perception, quality or effectiveness

Never buy something you do not fully understand.

Young single adults should find an accountability partner with whom to discuss big purchases.

A budget has little effect on a person's financial success unless he or she also develops power over purchase.

You should never wait overnight before making a big purchase if there is only one item left.

Repetition has proven to be an ineffective marketing technique.

To buy an item with credit; paying over time

Refers to the financial opportunity that is given up because you choose to do something else with your money

An amount of money you spend, usually $300, that causes some pain to part with

The process of communicating the value of a product or service to customers

Refers to the public's ability to recall and recognize a brand by its logo, jingles, packaging, etc.

Feeling regret or concern after making a large purchase

An economic system based on a free market, profit motive, open competition and private ownership of the means of production

The persistent increase in the cost of goods and services or the persistent decline in the power of money

A spur-of-the-moment, unplanned decision to buy a product or service