A | B |
Retail business sells directly to | consumers |
Part of a product's package used to present information | label |
Activities that need to be taken to carry out the marketing plan | market tactics |
document that explains five strategies - product, price, place, promotion, and people | marketing plan |
Advertisements sent directly to the home | direct mail |
A promotion that returns part of the purchase price to the customer | rebate |
The channel that moves a product from producer to customer with no one in between | direct channel |
Pricing strategy that allows cusotmers to bargain for price | flexible-price |
using odd prices to suggest bargains and even prices to suggest higher quality. | odd-even pricing |
Refers to how consumers see products in relation to each other | product positioning |
Channel that moves a product fromproducer to customer thorugh as intermediary | indirect channel |
amount of percentage by which a business lowers its original retail prices | markdown |
Sales promotion in the form of games | sweepstakes |