Marketing 1 Chapter 1

Communicating with customer to satisfy thier needs

Deciding how you get the product to your customer's hands

Which two things are both one of the 7 core functions, and one of the 4Ps

Making a Market Based of Details such as Income, Marital Status, or Age

A company's percentage of total sales of a specific product

Intangible purchases that satisfy customer wants and needs

Which of these are all things buisnesses will sort by in Market Segmentation

Understanding Concepts and Strategies to form a Market

True or False: People who buy products for personal use are Consumers

Designing, developing, and maintaing products to maintian your market

Scan this code for answer (Listen to Video)

Making something more tempting to buy based off of when it's sold

When you narrow down groups of people in order to find you most ideal customers

Making a Market Based off of Interests or Hobbies

Psycical purchases that satisfy a customer's wants and needs

What is used to make a clear picture of a target market

True or False: The Customer Profile is one of the 7 Core Functions

The Marketing Concept is:

Deicding where and how you will advirsing based off of your Target Market

What is a group that is identified for a specific marketing program

CRM stands for:

When what it's made out of makes it more motivating to buy

True or False: Process is one of the 4Ps

What are the 4Ps?

When You Target Customers for Where They Live

When you use customers to make better marketing decisions

Utility based off of what forms of payment your buisness takes