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Marketing Vocabulary. Market Advertise or promote an item or service.

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Presentation on theme: "Marketing Vocabulary. Market Advertise or promote an item or service."— Presentation transcript:

1 Marketing Vocabulary

2 Market Advertise or promote an item or service

3 Marketing The action of promoting or selling products or services

4 Goods Items that are sold for food or private ownership

5 Product An item that is manufactured or refined for sale

6 Service The action of helping or doing work for someone.

7 Target Market A group in which a company has directed its marketing effort

8 Universal Market The practice of trying to sell or market an item outside of this country

9 Marketing Mix Using different ways to market a product

10 Customer A person or company that buys goods or services

11 Consumer A person who purchases goods or services for their private use

12 Need An essential item

13 Want A desire for an item that is not necessary to purchase

14 4 P’s of Marketing Product Price Place Promotion

15 Product The item or service someone is marketing to sell

16 Price The cost of an item or service

17 Place Where the item or service is offered

18 Promotion How the item or service is marketed or advertised


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