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Marketing Terms Chapter 1.1

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Word
Definction
Marketing Segemation   Indentifing charactics and breaking it down into demo.; physo.; and geograthics.  
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Demograthics   Physical charactics of the customer. Like Hair, Race, Relgion, Eye color, Education, etc.  
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Physcograthics   Likes or dislikes of the customer. Like music, relgion, etc.  
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Market   A group of people or companies that have a demand for a product or service and are willing able to buy it.  
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Target market   A particular group that you are intrested in reaching.  
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Markiting Mix also the 4 P's   Product; Price; Place; and Promotion.  
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Marketing   Identifing And Satisfing Consumer Wants and Needs. Marketing is also Advertiment; Promotion; Finace; etc.  
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Good   Has a physical charatictis can be pakaged.  
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Service   Can't be packege. Rent a good service-Movies; cars; heavy equiment; etc.  
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Disaposial Income   Money left in your paycheck after taxas for thing we need to live. Like clothing; food; etc.  
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Descial Income   Paying Lectare items that we don't need for living. Like vedieogames; tv; etc.  
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DECA   Asociton of Marketing and Culinary Students.  
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DECA-the letters stand for:   DistributiveEducationClubs ofAmerica  
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