Marketing

A group of activities designed to speed up transactions by creating, distributing pricing, services, and ideas.

• Marketing

• Niche

• Market Research

• Operations

The act of giving up one thing (money, credit, labor, goods) in return for something else (goods, services, ideas)

• Credit

• Exchange

• Marketing

• Selling

a persuasive activity that is accomplished through promotion

• Buying

• Selling

• Sales

moving products from the seller to the buyer

• marketing

• operations

• transporting

• buying

must be able to satisfy demand in a timely manner by controlling inventories

• selling

• buying

• storing

• purchasing

dividing, labeling and displaying based on state/federal standards (meat, steel)

• branding

• grading

• labeling

• storing

to detect trends, changes in taste to determine need for new goods/services

• marketing research

• marketing operations

• inventory details

• marketing mix

a customer’s subjective assessment of benefits relative to costs in determining the worth of a product

• branding

• benefits

• value

• price

What are some ways how one can personalize customer relationships?

Select ALL CORRECT answers.

• websites

• phone

• personal contact

• billboards

group of people who have a need, purchasing power, and the desire and willingness to spend money on goods, services and ideas

choose the best answer

• market

• customer

• consumer

• buyer