Basic Vocabulary

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Across
  1. 1. The study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.
  2. 2. A plan outlining the marketing objectives and methods to achieve them, considering the target market and competitive environment.
  3. 5. Dividing a market into distinct groups based on similar needs or characteristics.
  4. 8. The process of gathering, analyzing, and interpreting information about a market, including consumer preferences and competitive trends.
  5. 9. Creating a unique name, logo, design, or symbol that identifies and differentiates a product or company from others.
  6. 11. Marketing efforts using digital channels such as websites, social media, email, and search engines to connect with current and prospective customers.
  7. 12. Examination of a company's strengths, weaknesses, opportunities, and threats to make strategic decisions.
  8. 13. The stages a product goes through from introduction to withdrawal from the market, including growth, maturity, and decline.
Down
  1. 1. Management Practices, strategies, and technologies that organizations use to manage and analyze customer interactions and data.
  2. 3. The strategy of selling existing products in the current market to gain a larger market share.
  3. 4. A measure of the profitability of an investment, calculated as the net gain relative to the initial investment cost.
  4. 6. Specific group of people at which a product or marketing message is aimed.
  5. 7. The combination of product, price, place (distribution), and promotion strategies used to market a product.
  6. 10. The value a brand adds to a product by creating positive associations and perceptions among consumers.