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Data Do it

Marketing, vocabulary that correlates with the use of data involved in marketing

TermDefinition
Budget an estimate of income and expense for a specific period of time
Customer Service Activities and benefit provided by a business to its customers to creat goodwill and customer satisfacition
Data Fact or figures
Distrubutors A channel member who helps to sell business's products; usually a wholesaler
Estimate An approximation of data an "educated guess"
Fact a true statement
Market Segment one of the groups into which the total market is divided
Place Marketing element focusing on consideration in getting a selected product in the right place at the right time
Prediction A forecast made about the future
Price Marketing element requiring marketers to determine the amount of money that will ask in exchange for their product
Product Marketing element referring to what good, services, or ideas a business will offer its customers
Projection See prediction
Promotion Marketing element referring to the various types of communication that marketers use to inform, persuade, or reming customers of their products
Sales forcast A prediction of future sales over a specific period of time
Sales invoice an itemized statement of money owed for good or service
SMART goal A goal that helps you identify exactly what it is you want to achieve and know for sure when youve achieved it; made up of specific, measurable, attainable, results-oriented, and time-bounded goals
Supplier Vender
Target Market The particular group of customers a business seeks to attract
Trade Journal An industry-specific publication
Vendor A supplier of goods, usually a wholesaler or distributor
Created by: naqses3787.
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