Week 2 Flashcards
Target audience
A group of people whom a particular advertising is directed to all the market segments
Sample
A production given free to consumers in an attempt to persuade to try something new
Brand
Name term or brand symbol or design intended to sigitnfy the goods or services of one seller
Partner ship
An unincorporated business by two or more people
Odd even or off point pricing
Pricing used in retailing whereby products
Core competency
What a business does best
Manufacturers brand
A brand owned by a company
Variable
Expenses that increas in a relation to the number of goods sold.
Sweepstakes
A sales promotion device in which the participant completes for prizes by simply entering his or her home
Mass
The market units entirety