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Lesson 2 vocabulary (Barron's) - marketing - EXTRA vocab to go with this lesson - FLASHCARDS...

AB
a demand for (something)n. a willingness and ability to purchase goods and services; a market for something (a desire for it)
to promotev. To attempt to sell or popularize by advertising or publicity
promotionn. advertising; publicity; a discount in order to sell more products
buyern. a person who buys something
recessionn. an extended decline in general business activity, typically two consecutive quarters of falling real gross national product
discountv. to reduce the price; n. a price reduction (cut)
extensiveadj. large in extent, range, or amount
brandn. a trademark or distinctive name identifying a product or a manufacturer (Fiat, Ferrari, Heinz, Levi)
by word of mouthexp. when people share information about products, companies or services with friends
advertizev. make publicity for; try to sell (a product)
advertizementn. a public promotion of some product or service (ad / advert)
genericadj. refers to products not associated with a private or national brand name; not having a brand name



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