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FM Wk. 14 Vocab

AB
Behavioral segmentationDividing consumers into groups according to their response to a product.
Channel of distributionThe path a product takes to get from the producer to the consumer.
Demographic segmentationA way to segment markets based on vital statistics of the population such as age, race, gender, education level, income level, and occupation.
Direct distributionA distribution channel in which the producer sells goods or services to the final user.
DistributionThe transporting, storing, and handling of goods on their way from the manufacturer to the consumer.
Fashion merchandisingSpecific marketing activities designed to have fashion-oriented merchandise at the right time, place, quantity, and price to meet customer demand.
FinancingObtaining the money needed to cover the costs of operating a business.
Geographic segmentationSegmenting a market based on where a person lives.
Indirect distributionA distribution channel in which goods or services are sold indirectly to the consumer through one or more intermediaries.
IntermediariesChannel members that help move products from the producer to the final consumer.
Market segmentationDividing the entire market into smaller groups having similar characteristics.
MarketThe group of all potential customers


CTE Teacher
East Rowan High School
Salisbury, NC

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