Shared Flashcard Set

Details

CH:1
intro
18
Marketing
Undergraduate 4
10/08/2012

Additional Marketing Flashcards

 


 

Cards

Term
b2b
Definition
process of selling merch or servs from one bus to another
Term
b2c
Definition
bus sells to custy
Term
c2c
Definition
custys sell to other custys
Term
custy relationship management
Definition
building loyalty around most valued custys
Term
employment marketing
Definition
to attract applicants to hiring firm
Term
entrepreneur
Definition
person who orgs, ops, and assumes the risk of a new bus venture
Term
exchange
Definition
the trade of things of value btw the buyer and the seller so that each is better off as a result
Term
goods
Definition
items that can physically be touched
Term
ideas
Definition
intellectual concepts -thoughts, opinions, and philos
Term
marketing
Definition
org function and a set of processes for creating, capturing, communicating, and delivering value to the customers and for managing customer relationships in ways that bene the org and its stakeholders
Term
marketing mix
Definition
4 p's price, promo, place, prod
Term
marketing plan
Definition
written doc, analysis of current marketing situation (swot)?
Term
relational orientation
Definition
method of building relationships with custys based on philo that buyers and sellers should develop a long-term relationship
Term
services
Definition
deed, performance, or effort that cannot be physically possessed, intangible customer benes
Term
supply chain
Definition
the group of firms that make and deliver a given set of goods and servs
Term
transactional orientation
Definition
regards the buyer-seller relationship as a series of individual trans, so anything that happened before or after the trans is of little importance
Term
value
Definition
reflects the relationship or benefits to cost or what the consumer gets for what he or she gives
Term
value cocreation
Definition
custys act as collaborators with a manuf or retailer to create the prod or serv
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