Chapter 13.1 Key Terms created by: Kasidy Montgomery

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Across
  1. 3. A group of customers who share common wants and needs
  2. 6. Occurs when goods or services are sold from the producer directly to the customer
  3. 7. The process of creating, promoting, and presenting a product or service to meet the wants and needs of consumers, wherever they are
  4. 8. A pathway to direct products to consumers
Down
  1. 1. Involves one or more intermediaries
  2. 2. Build and maintain relationships with their customers
  3. 4. Consists of four basic marketing strategies: product, place, price, and promotion, collectively known as the four Ps
  4. 5. The point at which total revenues, or sales, equal total costs and expenses of developing and offering a product or service