Advertising Ch.1 Vocab

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Across
  1. 4. The four basic marketing strategies
  2. 5. The idea that a business should strive to satisfy customers’ needs and wants while generating a profit for the business.
  3. 10. A company’s percentage of the total sales volume generated by all companies that compete
  4. 11. Having a product or service available at a certain time of year or a convenient time of day
  5. 12. Intangible items that have monetary value and satisfy your needs and wants.
  6. 14. Communication with consumer
  7. 16. The group of people most likely to become customers, identified for a specific marketing program.
  8. 17. and behavior.
Down
  1. 1. All people who share similar needs and wants and who have the ability to purchase a given product.
  2. 2. Changing raw materials into usable goods or putting parts together to make them more useful
  3. 3. Information about the target market, such as age, gender, income level, marital status, ethnic background, geographic residence, attitudes,
  4. 4. The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
  5. 6. a given market
  6. 7. the four P’s: product, place, price, and promotion.
  7. 8. Tangible items that have monetary value and satisfy one’s needs and wants.
  8. 9. The exchange of a product for money
  9. 13. Having a product where customers can buy it
  10. 15. An added value in economic terms; an attribute of goods or services that makes them capable of satisfying consumers’ wants and needs.