Marketing Chapter 7 test

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Across
  1. 2. business emphasizes factors of its Marketing Mix other than price; deemPhasizes price by developing a unique offering that meets an important customer need.
  2. 7. is the total revenue that can be obtained from market Segment.
  3. 8. the images consumers have of competing goods and services in the marketplace.
  4. 13. exhibitions where companies associated with an industries gather to showcase their products.
  5. 14. diviteh consumers into groups depending on Specific values of beggerits they ex feat of require from the use of a product or service.
  6. 16. competition in a market with businesses that offer the same type of product or service.
  7. 17. outlines how a company will present its Product or Service to the consumer and how it will compete in the Marketplace with other businesses offering Similar products and services.
  8. 18. rivalry among businesses on the basis of price and value.
Down
  1. 1. the descriptive of characteristics of a market such as age, gender, race, Income, and educational levels.
  2. 3. the portion of the total market Potential that each company experts in relation to its competitors.
  3. 4. is the process of dividing a large group of consumers into a subgroup based on specific characteristics and common needs.
  4. 5. the Process of gaining competitive market information.
  5. 6. Occurs when a business competes with other companies offering Products that are not in the same product category but Satisfy similar customer
  6. 9. dividing Consumers into markets based on where they live.
  7. 10. new markets as well as ways toimprove a company's offeringsin current markets; Identified markets, with excellent potential based on careful
  8. 11. directs a company's marketing mix at a large and heterogeneous group of consumers.
  9. 12. people's interests and Values.product Usage Low frequently consumers use products and the quantity of products used.
  10. 15. is the unique image of a product or service in a consumer mine relative to similar competitive offerings.