Chapter 13.1 Key Terms Created by Conner Hinton
Across
- 3. a group of customers who share common wants and needs
- 6. occurs when goods or services are sold from the producer directly to the customer
- 8. to build and maintain relationships with their customers
Down
- 1. involves one or more intermediaries
- 2. a pathway to direct products to consumers
- 4. consists of four basic marketing strategies: product, place, and promotion
- 5. the process of creating, promoting, and presenting a product or service to meet the wants and needs of consumers, wherever they are
- 7. the point at which total revenues, or sales, equal total cost and expenses of developing and offering a product or service