HELE Flashcards
SOMETHING THAT IS MANUFACTURED FOLLOWING A PROCESS OR GROWN AND NURTURED IN OTDER TO BE SOLD FOR A PROIT.
PRODUCT
SOMETHING THAT IS SHOWN OR PRESENTED TO THE PUBLIC TO HELP SELL A PRODUCT OR TO MAKE AN ANNOUNCEMENT.
ADVERTISEMENT
THE ACTIVITY OF MAKING BUYING OR SELLING GOODS OR PROVIDING SERVICES IN EXCHANGE FOR MONEY.
BUSINESS
THE AMOUNT OF MONEY THAT IS NEEDED TO PAY OR BUY SOMETHING.
EXPENSES
MONEY THAT IS MADE IN A BUSINESS OR TO GET MONEY FROM SOMETHING
PROFIT
LIKE ROASTED PEANUTS VARIETIES OF COOKIES….
SIMPLE PRODUCTS
WHAT IS THE 1ST STEP IN MAKING YOUR OWN SIMPLE PRODUCT? (IT IS A DRAWING OR SKETCH OF THE PRODUCT YOU HAVE IN MIND)
DESIGN YOUR PRODUCT
WHAT IS THE 2ND STEP IN MAKING YOUR OWN SIMPLE PRODUCT?( UNLEASH YOUR CREATIVITY BY CHOOSING THE RIGHT MATERIALS FOR YOUR PRODUCT)
DECIDE WHAT PRODUCTS TO USE
WHAT IS THE 3RD STEP IN MAKING YOUR OWN SIMPLE PRODUCT? ( CREATE FIRST THE INITIAL VERSION OF THE PRODUCT.)
CREATE YOUR PRODUCT
WHAT IS THE 4TH STEP IN MAKING YOUR OWN SIMPLE PRODUCT? ( HAVE A GOOD LOOK WITH YOUR PRODUCT)
EVALUATE THE FIRST VERSION AND MAKE THE NECESSARY ADJUSTMENTS OR CHANGES
WHAT IS THE 5TH STEP IN MAKING YOUR OWN SIMPLE PRODUCT?(COMPUTE THE COSTS INCURRED IN MAKING THE PRODUCT)
DETERMINE THE PRICE OF THE PRODUCT
WHAT IS THE 6TH STEP IN MAKING YOUR OWN SIMPLE PRODUCT?( PROMOTE YOUR PRODUCT USING PRINTED MATERIALS OR ONLINE)
ADVERTISE YOUR PRODUCT
IT IS ACQUIRING THE POSSESION OF OR THE RIGHT TO BY PAYING OR PROMISING TO PAY EQUIVALENT ESPECIALLY IN MONEY PURCHASE
BUYING
THE BUYING DECISION PROCESS MODEL STARTS WITH THE RECOGNINTION OF WHAT
NEEDS AND WANTS
IT IS A MARKETING FUNCTION THAT INVOLVES DETERMINING THE CLIENT NEEDS AND WANTS
SELLING
IT IS AN IMPORTANT PRODUCT THAT YOU MUST ACQUIRE
NEED
IT IS A PRODUCT THAT YOU DESIRE BUT NOT IMPORTANT
WANT
THESE ARE THE THINGS WE NEED IN ORDER TO SURVIVE.
NEEDS
OFTEN REFERRED TO AS MIDDLEMEN
WHOLESALER
ONE WHO ENGAGED IN SUCH METHOD OF SALE
RETAILER
IT CONSISTS OF A VARIETY OF MERCHANDISE FOR SALE
SARI-SARI STORE
VARIOUS GOODS SOLD BY A FIRM ARE ATTRACTIVELY PORTRAYED IN ITS CATALOG AND ORDERS FOR GOODS ARE FILLED BY MAIL
MAIL-ORDER SELLING
SALESMEN GO TO THE HOME OR OFFICES OF CUSTOMERS TO SELL THEIR PRODUCTS
HOUSE-TO-HOUSE SELLING
THE DESIRE TO WORK FOR PROFIT
PROFIT MOTIF