WorksheetsCh 1 Marketing Vocab ProStart 2e
Total questions: 27
Worksheet time: 14mins
Paying to present or promote an operation's products, services, or identity. Can be conducted through multiple mediums.
Advertising
Networking
Auditing
Consulting
All the ways an operation actively tries to reach, or communicate, with its desired customers.
marketing mix
inventory control
financial planning
employee training
Consists of the product-service mix, presentation mix, and communication mix.
contemporary marketing mix
traditional marketing mix
digital marketing mix
retail marketing mix
Combination of all the factors that go into creating, developing, and selling a product.
marketing mix
market research
product lifecycle
branding
List of steps an operation must take to sell a product or service to a specific market. Has five main components—research the market, establish objectives, develop marketing strategy, implement action plan, evaluate modify plan.
marketing plan
business license
financial statement
sales pitch
The process of communicating a business's message to its market.
communication mix
market research
product development
financial planning
Group of people who desire that product or service.
market
employee
supplier
manager
All the elements that make the operation look unique.
presentation mix
operation cost
service time
menu variety
All of the food and services offered to customers.
product-service mix
menu planning
customer satisfaction
service quality
Also called a situation assessment; identifies a restaurant or foodservice operation's Strengths, Weaknesses, Opportunities, and Threats.
SWOT analysis
Market segmentation
Menu engineering
Cost-benefit analysis
Interacting with people in the local area to create awareness of and trust for an operation.
community relations
financial planning
product development
internal auditing
Mass mailing of coupons, menus, advertising about a promotion, etc., to customers in a particular area.
mass marketing
direct selling
personal selling
telemarketing
Making a concerted effort to connect directly with a certain segment of the market.
direct marketing
mass marketing
indirect selling
product placement
When marketers break down a large market into smaller groups of similar individuals that make up that market.
market segmentation
market research
product positioning
brand management
Treating everyone in the market as having the same needs and wants.
mass marketing
niche marketing
differentiated marketing
target marketing
Relationships that marketers maintain with media outlets.
media relations
customer relations
employee relations
investor relations
Face-to-face interactions between service staff and guests; well-trained service staff can also go a long way in communicating an operation's message.
personal selling
advertising
public relations
direct mail
Token gifts or giveaway items, such as pens, stationary, children's toys, mugs, T-shirts, or magnets that display the restaurant name and location or phone number.
premiums
coupons
discounts
vouchers
Also called a media kit; a packet of information given to media representatives to answer questions they might have about a business or organization.
press kit
media release
fact sheet
news bulletin
Also called a news release; a brief presentation of promotional information written to sound like a news article.
press release
editorial
feature story
advertisement
Ways in which marketing communicates with an operation's market.
promotional mix
market research
product placement
pricing strategy
Process by which an operation interacts with the community at large.
public relations (PR)
internal audit
inventory management
quality control
Attention an operation receives.
publicity
privacy
secrecy
neglect
People an operation intends to pursue as customers.
target market
shareholders
employees
suppliers
Treating people as different from each other and trying to make a focused appeal to a distinct group of customers.
market segmentation
mass marketing
product standardization
brand loyalty
Making a concerted effort to connect directly with a certain segment of the market, for example, direct mail or emails, telephone calls, website feedback, tableside feedback.
direct mail
mass advertising
public relations
outdoor signage
Two or more sponsors develop complementary promotions or offer complementary promotional materials. Ex: free milk with the purchase of Oreo cookies.
Cooperative sales promotions
Cross-selling promotions
Solo advertising
Competitive marketing
