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