click below
click below
Normal Size Small Size show me how
1.05
words!!!!
| Term | Definition |
|---|---|
| budget | an estimate of income |
| customer service | Activities and benefits provided by company |
| data | fact and figures |
| market segment | one of the group that the total market is divided |
| market share | an organization's portion of the total industry sales |
| place | marketing element focused on where to sell |
| prediction | a forecast made about the future |
| price | marketing element focused on money |
| product | marketing element focused on the selling item |
| projection | see prediction |
| promotion | marketing element focused on advertising |
| sales forecast | a prediction on future sales |
| sales invoice | an itemized statement of money owned for a good or service |
| SMART goal | a goal that help one find exactly what you want and need in life |
| supplier | see vendor |
| target market | the group of people that the product is meant for |
| trade journal | an industry-specific publication |
| vendor | a supplier of goods |
| call reports | records of salespeople's meetings |
| demographics | the physical and social characteristic of the population |
| info overload | too much data to process at once |
| market share analysis | a breakdown of the markets data |
| parameter | limit or boundery |
| primary data | data a company collected it self |
| prospect | any person or business with potentional |
| sales volume analysis | a breakdown of the amount of sales |
| secondary data | data obtained by someone else |
| distributer | the channel for get product to buyers |
| fact | true statment |
| estimate | an approximation of data |