Final Flashcards
The marketing mix
Price, product, distribution, and promoition
Routiinzed response behavior
low levels of thought to buy a product
limited decision making
happens when buyers only buy this product occasionaly
extended decision making
when buying a car, home, or college
Four dimensions of corporate social responsibility
x
What is a market?
x
Strategic window
x
What is marketing
The process of creating, distributing, promoting, and pricing goods and services to facilitate satisfying relationships with customers
What is a market
A group of people who have the willingness, authority, and ability to purchase a product
Concentrated targeting strategy
An organization targets a single market segment using one marketing mix. (bic vs Mont Blanc)