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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 |