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basics of marketing

Principles of Marketing Exam 1 Study Guide

Posted on August 29, 2022February 9, 2023 by Mark Wolters

This is the study guide for Exam 1 for BADM 320 Principles of Marketing with instructor Mark Wolters at The University of Illinois at Urbana Champaign. This is only a highlights of the topic videos for each topic. For the whole list of videos per topic please visit the Professor Wolters website.

Practice Exam 1.1 – Fall 2021

Exam 1 from the book

Practice Exam 1.2 – Spring 2022 (it is on YouTube, click the link)

https://youtube.com/live/vttwXqtTKoo

Practice Exam 1.3 – Bonus First Exam

Topic 1 Highlights

Core Aspects of Marketing

Marketing Misconceptions

The 4 Ps of Marketing – The Marketing Mix Explained

General Types of Marketing

Marketing Myopia Explained

Why Marketers Fail

Topic 2 Highlights

Sustainable Competitive Advantages Explained

Share of Customers

Customer Relationship Group

SWOT Analysis Explained

BCG Matrix Explained

Blue Ocean Strategy vs Red Ocean Strategy

Benchmarking

Topic 3 Highlights

PESTIL Macroenvironmental Analystis Overview

Generational Cohorts

Competitive Strategies

Porter’s Competitive 5 Forces

GE Mackenzie Matrix

Industry Key Success Factors

Topic 4 Highlights

Compare Social Media and Traditional Media

What is a Social Media Plan

How Websites Can Build Good Will

4 E Framework of Social Media Content Creation

CPC/CPA/CPM Ad Services for Online Advertisements

Fraud, Phishing, and Ethics of Digital Marketing

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