Numbers
These are the four elements of the marketing mix
What is price, product, place, promotion
The action or business of promoting and selling products or services, including market research and advertising.
What is Marketing?
a visual representation of your abilities, skills, capabilities, knowledge, qualities
What is a career portfolio?
Info about the target market such as age, gender, income level
What is a customer profile?
80% of profit is from 20% of the customers
What is the 80/20 rule?
These are the 5 utilities
What is form, place, time, information, possession
the group of people most likely to become customers
What is target market?
an event in which employers, recruiters, and schools give information to potential employees.
What is a job fair?
Personal characteristics of a customer
What is demographic?
Another name for factors of production
What is resources?
These are the 4 types of economic systems
What is Traditional, Market, Command, Mixed
Goods
What is tangible items that have monetary value and satisfy one's needs and wants?
the position of a student or trainee who works in an organization, sometimes without pay, in order to gain work experience or satisfy requirements for a qualification.
What is an internship?
Lifestyles of a customer
What is psychographic?
Disposable income
What is money left after taking out taxes?
Pricing, Product/Service Management, Promotion, Channel Management, Selling, Market info Management, and Market Planning are all part of this.
What is the 7 functions of marketing?
The marketing concept
What is the idea that a business should strive to satisfy costumers' needs and wants while generating a profit for the business?
allows a student, employee, or intern to gain comprehensive knowledge about what an employee who holds a particular job does every day.
What is job shadowing?
This is market segmentation
What is the process of classifying people who form a given market into smaller groups?
discretionary income
What is money left after paying basic necessities?
These are the 7 steps of selling
What is approach, determine need, present product, overcome objectives, closing sale, suggestive selling, building relations
This is market share
What is a company's percentage of total sales volume generated by all companies that compete in a given market?
This is an informational interview
What is a meeting in which a potential job seeker seeks advice on their career, the industry, and the corporate culture of a potential future workplace; while an employed professional learns about the job seeker and judges their professional potential?
This is geographical area of market segmentation
What is where people live?
Using a single marketing strategy to reach all customers
What is mass marketing?