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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. |