With A "P"
James sells sports drinks. He builds relationships by making it a priority to attend events of his biggest customers.
What is Selling
What is marketing?
a product/service is distributed from producer to consumer
What is direct channel?
What is Mass media
James charges $1.79 to $2.50 for his product.
What is Pricing?
a specific group of consumers at which a company aims its products and services.
What is Target market?
a product is easily accessible and widely available for purchase.
What is extensive distribution?
Sports that are funded by schools but do not provide a return on investment
What is nonrevenue sports?
James borrowed money from his brother and got a small business loan from his bank.
What is Financing?
**DAILY DOUBLE** Using the needs of customers as the primary focus during the planning, production, pricing, distribution, and promotion of a product or service.
What is Marketing concept?
distribution is chosen carefully with an element of prestige
What is Selective distribution?
an organization of independent businesses formed to control production, pricing and marketing of a product.
What is cartel?
***DAILY DOUBLE****** The 4 P's of the Marketing Mix include.
What is Product, Place, Price and Promotion
James studied competitor's products and conducted surveys prior to marketing his product.
What is Marketing Information Management?
The process of dividing a broad consumers or business market into sub groups based on shared characteristics.
What is Market segmentation?
distribution involves channel members
What is Indirect distribution?
cable and satellite distributor
What is multichannel video programming distributor?
James has enhanced the taste and quality of his drink. It does not contain any artificial ingredients.
What is Product/Service Management?
the abbreviation SWOT represents
What are Strengths, Weaknesses, Opportunities and Threats?
channel member aka
What is intermediary?
controls the marketing mix and governs the distribution of professional sports games
What is league agreement?