Product and Pricing

5. what a business sells to satisfy customer needs
6. purchases large amounts of goods directly from manufacturers
8. business that buys products from wholesalers or directly from producers, and sells them to make a profit
10. business, people, and activities involved in turning raw materials into products and delivering them to end users
15. pricing techniques that create and image of a product and entice customers to buy
16. physical movement of products through the channel of distribution
17. illegal pricing of products in a way that intentionally misleads customers
18. earns profits by providing consumers with services that meet their wants and needs
19. amount a customer pays for an item

1. Each service is almost always unique
2. on sale
3. Are facts about a good or service
4. an indicator of a products excellence
5. goals, expenses, customer perception, competition, supply and demand, economic conditions, and product life cycle
7. when, where, and how products get to customers
9. Protects products until customers are ready to use them
11. maximum prices
12. goals defined in the business and marketing plans for the overall pricing policies of the company
13. A written document that states the quality of a product with a promise to correct certain problems that might occur
14. point at which revenue from sales equals the costs
15. All the goods and services that a business sells