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Industrial goods
Consumer goods
Market Cycle
The 4 P's
Vocab
100
A good to make other non raw goods.
What is a raw good?
100
A good that you dont buy everyday.
What is a specialty good?
100
The first stage of the marketing cycle.
What is introduction?
100
Were the good or service is sold
What is Place?
100
A person whos buys the good or service.
What is a costumer?
200
A part or element of a larger whole
What is a component?
200
Goods that are bought on a regular basis and you can find pretty much everywhere.
What is a convineince good?
200
The second stage in the cycle.
What is growth?
200
The good or service.
What is Product?
200
A person who uses the good or service.
What is a consumer?
300
Paper, pencils, and pens are examples of supplies.
What is supplies?
300
A good you need to maintain life.
What is a shopping good?
300
The third stage in the marketing cycle.
What is maturity?
300
the amount you charge for goods or services.
What is price?
300
The group of people that have the same interests and abilities to buy the product.
What is a market?
400
A raw good.
What is iron?
400
What kind of good is an iPhone.
What is a specialty good?
400
The last stage in the marketing cycle.
What is decline?
400
To advertise the goods or services.
What is promotiton?
400
A tangible item.
What is a good?
500
Nails, screws, wood, ect.
What is an example of a component?
500
What kind of good is water.
What is shopping good?
500
Decline because other companies are coming out with other kinds of gum.
What is the stage of orbit gum?
500
Price, Promotion,Place,Product
What is the marketing mix
500
A good is a tangible item where as a service is non-tangible.
What is a service?