Involves all the of the processes usedd to identify, create, and mainttain exchange relationships that satisfy individuals and organizations.
Focuses on identifying and satisfying the needs of customers during the development and marketing of a product or service.
Is the combination of four marketing elements; Product, price, distribution, and promotion. Used by a buisness.
Are related activities that must be completed to accomplish an important marketing goal.
Is written description of the marketing objectives and the planned marketing stradegies and activities required to meet those objectives.
A specific group of consumers to whom the buisness wants to sell its products or services.
A smaller market which is a smaller market that has a unique set of needs.
Intergrated Marketing Communication
A strategy used to plan, execute, and monitor all promotional messages about a product to ensure consistency among all those messages.
The process of dividing a large group of consumers into meaningful subgroups based on identifiable and similar characteristics and needs.
An attempt to appeal to a large, general group of consumers.
A description of the characteristics exhibited by an individual who is likely to buy a buisness’s products or services.
Based on where consumers live.
Include consumer characteristics such as age, gender, race, martial status, income, education level, and occupation.
Describe consumers based on their interests, attitudes, opinions, and lifestyles.
The amount of a product purchased