Shared Flashcard Set

Details

ISC
test 1
11
Communication
Undergraduate 2
09/26/2011

Additional Communication Flashcards

 


 

Cards

Term
Marketing
Definition
The process of planning and executing the conception, pricing, promotion and distribution of idea, good, and services to create exchanges that s(can't read notes) individual and organizational objectives.
Term
What is opportunity analysis?
Definition
What marketplace trends can we take advantage of?
and
What new openings might exist?
Term
Competitive analysis?
Definition
Who/what is our primary competition?
and
What are your products advantages?
Term
What is a direct competitor?
Definition
Someone selling the exact same product as you
Term
attributes?
Definition
physical differences
Term
benefits?
Definition
how it helps the comsumer
Term
Perceptual differences?
Definition
*need def*
Term
Target Marketing?
Definition
Searching for the best prospect for your product or service
Term
How do you find the best prospect to buy your product when using target marketing?
Definition
-Identifying markets with unfulfilled needs
-determining market segmentation
-selecting a target market
-positioning
Term
which is greater, behavior or attitudes?
Definition
behavior>attitudes
Term
what is the 80/20 rule?
Definition
80% of business comes from 20% of users
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