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7 Cards in this Set

  • Front
  • Back
Marketing Mix
a planned mix of the controllable elements of a marketing plan: product, price, place, and promotion.
Niche Marketing
concentrating marketing efforts on a small but specific segment of the population
Marketing Audit
gathering, recording, and analyzing information about a company, its competition, and the marketplace as the first step in creating a marketing plan
Channel of Distribution
an entity through which the consumer may purchase all or parts of a travel product or service
Travel Intermediary
an entity that makes travel arrangements for others.
Zero-Base Budget
a budget built from the ground up, starting from zero, requiring that every expenditure be reanalyzed and justified annually.
Environmental Scanning
the study of marketing trends.