Marketing By: Jessie Mejia
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Index
Fonrt Page………………………………………………….1 Index…………………………………………………………2 Pictionary…………………………………………………..3-‐6 Quality………………………………………………….……7 Products…………………………………………………...8 Marketing…………………..……………………………..9
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Pictionary
Bountiful
Providing a large amount of good things.
Scrapping
Getting rid of things wich are no longer useful or wanted
Headaches:
Things that cause difOiculties.
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Regulation
OfOicial rules or the act of controlling something
Reworking
changing or improving a product or service
Service
To examine a machine and repair any faulty parts.
Wholesaler: An intermediary that stocks manufacturer’s goods or merchandise and sells it to retailers and professional buyers.
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Market Segmentation: Diving a market into district groups of buyers who have different requirements or buying habits. Product Differentiation: Making a product different from similar products offered by others sellers, by product differences, advertising, packaging, etc. Market Opportunities: Possibilities of filling unsatisfied needs in sectors in which a company can profitably produce goods or services. Market Skimming: Setting a high Price for a new product, to make maximum revenue before competing products appear on the market Sales Representative: Someone who contact existing and potential customers, and tries to persuade them to buy goods or services. Product Features: The attributes or characteristics of a product, such as size, shape, quality, Price, etc. Price Elasticity: The extent to which supply or demand of a product responds to changes the Price.
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Market Penetration: The strategy of setting low Price to try to see al large volume and increase market share.
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Quality In manufacturing, a measure of excellence or a state of being free from defect, 100% efficiency. They respect some standards for production and in other areas to satisfy specific customer or user requirements.
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Products A good, idea, method, information, object or service created as a result of a process and serves a need or satisfies a want. It has a combination of tangible and intangible attributes, that a seller offer a buyer for purchase.
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Marketing The management process through wich good and services move from concept to the customer. It includes the coordination of four elements called the 4P`s of marketing: • Identification, selection and develoopment of a product. • selection of a distribution. • Determination of its Price • Development and implementation of a promotional strategy.
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