Chapter 13.1 Vocabulary

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Across
  1. 4. A group of customers who share common wants and needs
  2. 5. The process of creating, promoting, and presenting a product or service to meet the wants and needs of consumers, whatever they are
  3. 6. A strategy to build customer relations
  4. 7. Distribution involving one or more intermediaries
  5. 8. The point at which total revenues, or sales equal total costs and expenses of developing and offering a product or service
Down
  1. 1. A pathway to direct products to consumers
  2. 2. The four main elements of marketing, also called the four Ps: Product, Place, Price, and Promotion
  3. 3. When goods or services are sold from the producer directly to the customer