Question | Answer |
the price charged for the product? | pricing function of marketing
|
a way to ask customers all your questions regarding your product | one-on-one in depth interviews
| dividing a market into distinct groups of buyers | market segmentation
| product, price, place, and promotion | marketing mix
| a survey asking clients of their thoughts and opinions of the services or goods | client survey
| a strategy that focuses on keeping and improving relationships with current customers | relationship marketing
| dividing a marketing into different segments based on social class, lifestyle, or personality characteristics | psychographic segmentation
| the efforts in place to inform, persuade, or remind potential customers about the product or service | promotion function of marketing
| efforts that have been made to obtain, develop, maintain, or improve the product | produce/service management
| promoting the product | selling function of marketing
| the digital version of word-ofmouth marketing | viral marketing
| obtaining, managing, and using marketing information to improve business decision-making and performance of marketing activities | marketing information managment
| targeting individuals known to influence others so they will use their influence in the marketer's favor | influencer marketing
| marketing of a product using unconventional means | guerilla marketing
| marketing efforts to produce, promote, and reclaim environmentally sensitive products | green marketing
| segmenting markets by region of a country or the world, market size, market density, or climate | geographic segmentation
| seven to ten people who participate in a group discussion led by a moderator | focus group
| provides the necessary cash and credit to produce, transport, store, promote, sell, and buy products | financing function of marketing
| how the goods/services get to customer | distribution function of marketing
| segmenting markets by age, gender, income, ethnic background, and family life cycle | demographic segmentations |