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6th Grade Marketing
Unit 1
Term | Definition |
---|---|
Marketing | the activities that are involved in making people aware of a company's products, making sure that the products are available to be bought, etc. |
Market | To advertise or promote something |
Good | |
Service | an organization, company, or system that provides something to the public |
Marketing Mix | Product, Place, Price, Promotion |
Product | something that is made or grown to be sold or used |
Promotion | something (such as advertising) that is done to make people aware of something and increase its sales or popularity |
Consumer | a person who uses goods and services |
Customer | a person who buys goods or services from a business |
Need | to be in a condition or situation in which you must have (something) : to require (something) |
Want | to desire or wish for (something) |
Target Market | A target market is a group of consumers or organizations most likely to buy a company’s products or services. |
Mass Market | When something is marketed on a large scale |