Theme 1.3 Flashcards
Product
Couldn’t service is there a firm provides
Function
Good or services has to fulfil the primary purpose
Aesthetics
The look and feel of the product and how our senses respond to it
Cost
Whether it can provide a profit if priced at a budget
Ethical sourcing
Behaving in a morally correct manner
Public relations
Communicating what the media to get favourable publicity
Promotion
Component of marketing mix to persuade customers and Designed to create awareness
Promotional mix
Combination of promotional activities to create consumer awareness
Distribution
Component within the marketing mix that defines where product is available
Distribution channels
Route to market a product takes from producer to the final customer