Marketing Vocab. pg 2-23
Across
- 2. Decisions about advertising, personal selling, sales promotion, and public relations used to attract customers
- 6. tangible items with monetary value and satisfy your wants & needs
- 7. the group that is identified for a specific marketing program
- 11. a global force that affects the economy and standard of living in countries around the world
- 12. involves having a product where customers can buy it
- 14. understanding the concepts and strategies used to develop and target specific marketing strategies to a select audience
- 17. where the product or service is available
- 18. providing customers with the goods and services they want
- 19. the amount of money that the product or service is being sold for
- 22. includes all businesses that buy products for use in their operation
- 24. the exchange of a product for money
- 25. obtaining developing, maintaining, and improving a product in response to market opportunities
- 26. Concept the idea that a business should strive to satisfy customers’ needs and wants while generating a profit
- 27. the process of deciding how to get goods into customers’ hands
- 28. A system that involves finding customers and keeping them satisfied
Down
- 1. involves changings raw materials into usable goods
- 3. involves communication with the consumer
- 4. the good that a business is selling
- 5. the process of dividing an entire market up inti different customer segments
- 8. involves having a product or service available at a convenient time of year
- 9. Gathering and analyzing information about customers, trends, and competing products
- 10. consists of consumers who purchase goods and services for personal use
- 13. its percentage of the total sales volume generated by all companies that compete in a given market
- 15. the positive impact of marketing on the economy
- 16. An assessment that lists and analyses the company’s strengths and weaknesses. Strength, Weaknesses, Opportunities, and Threats
- 20. information about the target market
- 21. attributions of goods or services that make them capable of satisfying consumers’ wants and needs
- 23. intangible items with monetary value and satisfy your wants & needs
- 24. how much to charge for a product to make a profit
- 26. all people who share similar needs and wants and who have the ability to purchase a given product