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Marketing
Vocab
Term | Definition |
---|---|
Customer | An individual or group who buys products. |
Target Market | The specific group of customers whose needs a company will focus on satisfying. |
Product | Anything that can be bought or sold. (Good, service, or idea). |
Good | A physical item, something that you can touch. |
Service | An action that is done for you. |
Place | Making products available to customers. |
Price | The amount of money exchanged for a product or service. |
Promotion | The process of telling people about the product, company, price and where it's sold. |