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Chapter 4
S & E Marketing
11
Marketing
Not Applicable
03/14/2012

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Term
Sports Consumer
Definition
A person who has anything to do with sports, and can be satisfied by sports products.
Term
Market Segmentation
Definition
A way of analyzing a market by specific characteristics to come up with a target market
Term
Sports Products
Definition
Goods, services, and ideas that relate to sports and can satisfy sports consumers
Term
Tangible Products
Definition
Products that can be physically manipulated
Term
Intangible Products
Definition
Products that can't be necessarily handled physically
Term
Product Line
Definition
A group of similar products sold and manufactured by a single company
Term
Product Mix
Definition
The total assortment of products that are sold by a single company
Term
Opportunity Cost
Definition
The loss of an opportunity that is passed up when accepting another opportunity
Term
Infrastructure
Definition
The physical development of an area, such as pipelines and buildings
Term
Sports Franchise
Definition
An agreement or contract that allows a sports organization to sell a parent company's product
Term
Grassroots Marketing
Definition
Marketing on a local community level
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