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8 Cards in this Set

  • Front
  • Back

Define Convenience

A product or service’s ability to fit in well with a customer’s lifestyle or routine, the ease which it can be used and/or its easy to reach location

What is a focus group ?

A group of people who discuss their views on a product, service advertisement or idea, either face to face or online

What is a target market ?

A particular group of consumers at which a business aims it products an services

What is Chamber of commerce ?

A local association that promotes the interest of businesses in a county or region

What is trade association

The organisation founded and funded by businesses that operate in a specific industry

What is segmentation

The process of breaking something into smaller parts

What is demographics ?

Relating to the structure of a population

SWOT analysis

A study undertaken by a business to identify the strengths and weaknesses, opportunities and threats