blending of the four marketing elements of product, distribution, price, and promotion Show the number of times per advertisemnt, game, or show that a product or service is asscoiated with an athlets, team or entertainer the means of making customers aware of products and encourages them to buy is any direct and personal communication with customers to assess and satisfy their needs the study of economics of the entire society the amount of satisfaction a person recives from the consumption of a particular product or service divided into stages in which poeple advance from childish behavior to mature and resposible behavior based on principles developed to predict the cost of expenses and expected revenues from an event legally responisble for damages high standards or guidelines a group of organizations involved in producing or handling the same product, group of products, or type of service the underlying framework supporting economic devleopment, including water, sewers, and roadways a writer who listens to an author's story and then commits it to paper for a fee responsible travel to natural areas that conserves the environment and susatins the well being of the local people a hired professional who plans the marketing campiagn and personal apperarnces for authors pehnomenon of international econcomic relationships with goods and services flowing quickly around the world focused on satisfying customer needs Difference between customer expectations and the service that is actually received capability to produce products or services mroe efficiently and economically than the competition point at which all of the expeses for porducing a product are covered percentage of total sales of a product or service that a company expects to caputer in relation to its competitors the value that people believe they recieve from a product or service when staff researchers work with external research agencies when inforamtion is gathereed that is very speicifically focused on a single target market, google, help users find relevant web sites processes by which tactics are implemented information gathered about competitors way a product or service is differenetiiated in the minds of customers from comptitors' products all of the products a company has available for customers at any one time represents the final form and the total assorted features for new products items added to the product to make it more attractive to the target market group of similar products with slight variations to satisfy different needs of consumers name, symbol, word, deisng or comibination of these elements that identifies a product, service, or company occurs when sports channels and specific sports programs are offered outside the basic cable or satelite packages refers to the spontaneous and changing entertainment combination of independent businesses formed to regulate production, pricing, and marketing of a product amendment in 1972 to federal education law that prohibits discrimination agaisnt females in school sports agreement controls the marketing mix and governs the distribution of professional games, including the location and number of teams the point where the supply and demand curves intersect individuals who purchase products to satisfy their needs and wants the lack of resources or lack of money to spend on sports and enterainment events occurs when related buisnesses conspire to charge higher prices distinct categories of merchandise based upon price, quality, and features occurs when prices for goods and serivces rise faster than consumer income economic periods of moderate demand costs associated with running business product is integrated into the plot of a movie or television show any unpaid media attention, both negative and positive, about a business and its products, serivces, or events television and magazine advertising the number of people in the target market expected to recieve the message through the chosen medium the number of times the targeted customer is exposed to the media the creation of customers positive feelings about the business promotion where a few online mentions turn into a real buzz about a movie and propel it into a mega hit
involves underwriting an event for the purpose of gaining positive assocaition for a brand with the event are held on an annual basis and usually are centered around a specific seasonal activity provides information that is subjective and dpends on interpretation Games produced expressly to serve as brand commercials. awards presented by the national acadmey of recording arts and sciences satisfying exchange relationships studying of the economics at the whole society amount of satsifaction people recive from entertainment possibility of financial gain, loss, or personal injury documents that show assets, liabilites, and net worth studies relationships between individual consumers and producers relization of self potential lasts 1 or 2 days and focuses on one skill segmentation divides north, west, south data that has already been collected for a different use first step in market research discover and define the problem research conducted by independent company, then offered for sale in everyone in the industry includes reports of other completed research used to define the problem purhcases based upon sound thought and careful reasoning final step for marketing research implement and evaluate results involves how the product or service arrives to consumers physical features that can be seen and felt information gathered about competitors legal protection of words or symbols first stage of brand recognition highest point of growth in economy allows consumers to negotiate prices first step to develope a promotional plan most prestigous awards given by academy of motion picture first step to determine price of goods and services What a business offers customers to satisfy needs?A product is what a business offers customers to satisfy needs. Products include goods, such as athletic shoes, and services, such as video rentals.
What indicates the number of viewers the programming attracts?Sports and Entertainment Marketing Final. What involves gathering and using information about customers to improve business decision making?It's called marketing research. Marketing research is the process of collecting, analyzing, and reporting marketing information that can be used to answer questions or solve problems so as to improve a company's bottom line. Marketing research includes a wide range of activities.
What is the primary focus for businesses when satisfying customers?Marketing Chapter 1 Vocabulary Review. |