marketing
what is marketing?
making or producing the correct good or service to add value to consumers everyday life.
what does purchasing mean?
Obtaining goods and services for use in the operation of a business or for resale.
whats financing mean?
Determining the need for and availability of financial resources to aid in marketing activities.
what is form utility
Making or producing things
why study marketing? about business
to understand business
what are some examples of marketing?
products, goods, and services
what does pricing mean?
The determination of an exchange price at which the buyer and seller perceive optimum value for a good or service.
what does Distribution mean?
The physical movement or the transfer of ownership of a good or service form the producer to the consumer.
what is place utility?
The product’s usefulness is increased because of its location.
why study marketing? about interpersonal
to learn interpersonal skills
In marketing there is a exchange process what does exchange mean?
An exchange takes place every time something is sold in the marketplace.
what does product planning mean?
The process of creating a product in response to market opportunities.
how does it affect everyday life?
Marketing affects everyday life by how we get information, and the culture around us. It surrounds us through digital ads, social media, and product
what is time utility
Making a product available at the right time of year or a convenient time of day.
why study marketing? about communication
to perfect communication skills.
in marketing there's products what does product mean?
good and services
what does marketing information management mean?
Gathering, recording, analyzing and disseminating information to aid in making marketing decisions.
how does marketing affect everyday? about buying
shaping what we buy
what is possession utility
The ability to aid customers in owning goods.
why study marketing? about thinking
teaches you how people think
material items that you can touch
what does promotion mean?
Communicates information about products, services, images or ideas to customers or clients to influence their purchase behavior.
how does marketing affect everyday lives? about ads and media and stories and other things
It surrounds us through digital ads, social media, and brand stories, steering daily choices from the food we eat to the clothes we wear
what is information utility?
Usefulness added to the product through communication.
why study marketing? about career
offers many career choices