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4.03 key terms
Term | Definition |
---|---|
advertising | any paid form of nonpersonal presenation of ideas goods or services |
marketing | the activity set of institutions and process of creating comunication delivering snd exchaning with partners |
personal selling | orm of promotiont that determines client needs and wants and responds though planned personalized communcaion that influences puchase decisions and enhances future business opportunities |
place | marketing element requiring focusing on considerations in getting a selected product in the right place at the right time. |
price | marketing element requiring marketers to determine amount of money they will ask for exchange for their products |
product | marketing elemnt referring to what goods or services or ideas a bussiness will offer its customers |
promotion | marketing function needed to communicate inofrmation about goods and services images or ideas to achive a desired outcome |
publicty | non personal presentation of ideas good or services that is not paid for by company or individual |