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Marketing

AB
Marketingthe act of satifying the needs and wants of the consumer
Advertisinga sales message appearing in the media
consumerSomeone who purchases good and services
costwhat a retailer pays for goods
mark-upthe amount added to the cost to determine selling price
Demographicspersonal characteristics of a population (age, sex, income)
Discountreducations in price
Distributiontransporting products
marketall potential consumers for a product
market surveya planned set of questions that companies ask consumers
target marketa specific market that a company is targeting
pricehow much to charge for a price
Placewhere is your location
Promotionways a business communicates ideas with the consumer
Productthe good or service you are selling


CTE Business Instructor
NC

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