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12 Cards in this Set

  • Front
  • Back

Marketing

Means of promoting a business and what it offers

Brand

The identification, logo of a product or service which is instantly recognisable without explanation

Market share

The percentage of a given market that a business holds

Market leadership

Position of a business with the largest market share in a given market for goods and services

Diversification

Where a business markets need products which differ from its usual offering to new customers

Mass

General population

Niche

More specialist ( population)

Trademarked

Preventing competitors from using similar branding

Cash flow

The money that goes in and out of a business

Viral

Attracting interest

Market Research

Systematic gathering, recording and analysis of data about issues relating to marketing products and services

Consumer

Someone who purchases and uses a product/service