click below
click below
Normal Size Small Size show me how
Marketing Concepts
| Term | Definition |
|---|---|
| Marketing | the activity of selling, distrubution and purchasing of a product |
| Marketing mix | the uncontrollable marketeing variables |
| Functions of Marketing | the main functions of marketing |
| Situation Analysis | how to fix a problem according to hte situation |
| Marketing Concepts | the concepts of marketing |
| Customer | The actual or prospective purchaser of a product |
| Target Market | the total population a business is trying to sell to |
| Market Segmentation | the process of subdividing a market into distinct subsets of customers |
| Demographic | the study of total size,sex,territorial distribution,age,composition and other characteristics |
| Geographic | based on where your target market lives |
| Psychographic | dividing markets based on life styles,attitudes,behavior,and drives |