Chapter 14 Flashcards

1
Q

Promotion

A

Marketing activities that air to raise customer awareness of a product or brand,
generating sales and helping to create brand loyalty.

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2
Q

Advertising

A

Paid-for communication with customers: Informative (giving information about
the product); Persuasive - creating an image that increases customer desire for it

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3
Q

Sales promotion

A

Incentives such as special offers or rewards to achieve a short-term increase in sales.

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4
Q

Target market/audience

A

The consumer groups that are the potential buyers of a product.

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5
Q

Marketing budget

A

The financial plan for the marketing of a product over a specific time period
includes the amount to be spent on promotion.

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6
Q

e-commerce

A

and selling of goods and services using computers linked to the internet

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