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Final Exam
Principles of Marketing
18
Marketing
Undergraduate 3
12/07/2014

Additional Marketing Flashcards

 


 

Cards

Term
Line Extensions are
Definition
development of a product that is closely related to existing products in the line but is designed specifically to meet different customer needs
Term
Retailer
Definition
An organization that purchases products for the purpose of selling them to ultimate consumers
Term
Price
Definition
the value paid for a product in a marketing exchange
Term
Services
Definition
an intagible result of the application of human and mechanical efforts to people or objects
Term
Brand Name
Definition
the part of a brand that can be spoken, including letters, words, and numbers
Term
Integrated Marketing Communications
Definition
coordinating of promotion and other marketing efforts for maximum informational and persuasive impact
Term
Promotion
Definition
communication to build and maintain relationships by informing and persuading one or more audiences
Term
Advertising
Definition
Paid non-personal communication about an organization and its products transmitted to a target audience through mass media
Term
Personal Selling
Definition
Payed personal communication that attempts to inform customers and persuade them to buy products in an exchange situation
Term
Product Modifications
Definition
Changes in one or more characteristics of a product
Term
Brand Marks
Definition
the part of the brand that is not made up of words such as a symbol or design
Term
Trademark
Definition
A legal designation of exclusive use of a brand
Term
Marketing Channel
Definition
A group of individuals and organizations that direct the flow of products from producers to customers within the supply chain
Term
Marketing Mix
Definition

Four marketing Activities: Product, Pricing, Distribution, and Promotion, that a firm can control to meet the needs of customers within its target market

 

Term
The part of the brand that can be spoken?
Definition
Brand Name
Term
The coordination of promotion for maximum informational and persuasive impact?
Definition
Integrated Marketing Communications
Term
Long term partnerships among channel members is called
Definition
Supply-Chain Management
Term
Paid personal communication attempting to inform and persuade customers to purchase is?
Definition
Personal Selling
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