Module 8-10 Part 1

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Across
  1. 2. of positioning / The purpose of positioning is to make your product or service stand out in a crowd. Positioning is important because you are competing with all the noise out there competing for your potential customers' attention. If you can stand out with a unique benefit, you have a chance at getting their attention.
  2. 5. of distribution / The channel of distribution is the path a product takes from producer or manufacturer to final user.
  3. 7. share / The business's portion of the total sales in a specific market; expressed as a percentage.
  4. 10. Extensions / new product lines, items, or services
  5. 11. of distribution / the pathway a product takes from the producer to the consumer
  6. 13. distribution / a channel structure where the producer selects only very few intermediaries. For example, restaurants will often only sell Coca Cola OR Pepsi products, not both due to the exclusive distribution.
  7. 14. / Selecting products/services that have a name, symbol, or design for identification.
  8. 16. Services / Activities that alter, improve, or repair products already owned. Example dry cleaning, appliance repair services.
  9. 17. distribution / a channel structure where the producer's products are stocked in the majority of outlets.
  10. 21. / Intangible or conceptual products produced to satisfy a want or need; tasks performed for the customer for a fee.
  11. 22. / how your customer defines your business in relation to your competitors.
  12. 24. / intermediaries between manufacturers and retailers.
  13. 25. Goal / Goal that is Specific, Manageable, Attainable, Realistic, Time Specific
  14. 26. / Outcome statements that define what an organization is trying to accomplish, both programmatically and organizationally.
  15. 27. Services / Provide a product to use for a brief period for a fee. Example carpet cleaner, movie rental.
  16. 28. Target / Specific steps a business follows in order to achieve its main objectives. If the main objective is to earn a sufficient profit, the performance targets might include establishing policies to control spending.
  17. 29. / Distribution is all of the efforts to physically get a product from the manufacturer to the consumer.
Down
  1. 1. Values / The philosophies, edeologies, beliefs, and priorities of the organization's owners.
  2. 3. Service / Pure services are groups of services provided to consumers without the involvement of any tangible product. Pure services do not always include product guarantees or use product-bundling strategies.
  3. 4. distribution / a channel structure where the producer relies on a few intermediaries to carry their product. This strategy works well for luxury goods.
  4. 6. Services / Personal/professional service for a fee. Example Tax preparation
  5. 8. / exhibitions allowing vendors and manufacturers to introduce new items and promote established products and services.
  6. 9. / Very precise, time-based, and measurable actions that support the completion of a goal.
  7. 12. Considerations / Factors influencing the success of a selected business in relationship to the potential market
  8. 14. advisory / Management consulting, legal, engineering, or accounting performed for or by a business.
  9. 15. services / Activities used by a business to insure proper operation, or contracted by a business to perform a task. Examples Copier or cleaning services for a business.
  10. 18. Modifications / an alternation in a company's existing product
  11. 19. Statement / Very precise, time-based, and measurable actions that support the completion of a goal.
  12. 20. Advantage / an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices.
  13. 23. / producers
  14. 26. / Tangible, physical products that satisfy a want or need.
  15. 30. Marketing / Test marketing involves introducing a new product to a limited market to see what its acceptance will be.