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this sucks part II
cudi zone
26
Marketing
11th Grade
09/24/2013

Additional Marketing Flashcards

 


 

Cards

Term
Budget
Definition
an estimate provided by a business
Term
customer service
Definition
activities and benefits provided by a business to its customers to create goodwill and customers satisfaction
Term
data
Definition
facts and figures
Term
distributor
Definition
A channel member who helps to sell a business's products
Term
Estimate
Definition
An approximation of data
Term
Fact
Definition
A true statement
Term
market segment
Definition
One of the groups into which the total market is divided
Term
market share
Definition
an organization's portion of the total industry sales in a specific market
Term
Place
Definition
Marketing element focusing on considerations in getting a selected product in the right place at the right time
Term
prediction
Definition
A forecast made about the future
Term
price
Definition
Marketing element requiring marketers to determine the amount of money they will ask in exchange for their products
Term
product
Definition
marketing element referring to what goods, services, or ideas a business will offer its customers
Term
projection
Definition
see prediction
Term
promotion
Definition
Marketing element referring to various types of communication that marketers use to inform, persuade, or remind customers of their products
Term
sales forecast
Definition
A prediction of future sales over a specific period of time
Term
sales invoice
Definition
an itemized statement of money owed for a good or service
Term
SMART
Definition
a goal that helps you identify exactly what it is you want to achieve and know for sure when you've achieved it
Term
supplier
Definition
see vendor
Term
target market
Definition
the particular group of customers a business seeks to attract
Term
trade market
Definition
an industry-specific publication
Term
vendor
Definition
a supplier of goods, usually a wholesaler of distributor
Term
price
Definition
Marketing element requiring marketers to determine the amount of money they will ask in exchange for their products
Term
product
Definition
Marketing element referring to what goods, services, or ideas a business will offer its customers
Term
promotion
Definition
Marketing element referring to the various types of communications that marketers use to inform, persuade, or remind customers of their products
Term
sales forecast
Definition
a prediction of future sales over a specific period of time
Term
sales invoice
Definition
an itemized statement of money owed for a good or service
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