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Basics of Marketing Flashcards | StudBud
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Basics of Marketing
Basics of Marketing
12 terms
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StudBud Administration
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Overview of basic marketing terms and concepts.
Flashcards
12 cards
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Practice quiz
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Questions
12
Answers
1
Promotion is how you hear about the product.
True
False
2
Product is how much it costs.
True
False
3
Place is where a product is sold.
True
False
4
Is this a need or a want?
Need
Neither
Want
5
____________ means providing customers with goods & services that they want to buy.
Buying
Selling
Giving
Distributing
6
___________: targeting all marketing decisions on the group of people you want to reach.
Sellers
Target market
Buyers
People
7
Place is where you are selling.
False
True
8
____________ involves making decisions about where to sell your product & method of transport.
Promoting
Buying
Selling
Distributing
9
Pricing means deciding how much to ________ for goods and services.
Charge
Sell
Leave
Give
10
Marketing is the process of developing, _____________, and distributing goods and ________.
buying, products
selling, bunnies
promoting, services
making, things
11
A need is something that is _________; something that you _______ have.
wanted, can't
essential, must
stupid, will
not necessary, don't
12
Is this a need or a want?
Need
Want
Neither