Week 1 Slideshow Flashcards

1
Q

Marketing is about what?

A

An exchange of valued things (ie money for a product)

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2
Q

Products must create what?

A

Value

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3
Q

What do marketers use to create value?

A

The 4 Ps

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4
Q

Marketing communicates what?

A

Value to the highest potential buyers (ie target audience)

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5
Q

What should you do instead of convincing the consumer your product is better?

A

Don’t talk about the product talk about who your product is, what you stand for, where you fit in the world

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