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12 Cards in this Set
- Front
- Back
Marketing |
Means of promoting a business and what it offers |
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Brand |
The identification, logo of a product or service which is instantly recognisable without explanation |
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Market share |
The percentage of a given market that a business holds |
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Market leadership |
Position of a business with the largest market share in a given market for goods and services |
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Diversification |
Where a business markets need products which differ from its usual offering to new customers |
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Mass |
General population |
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Niche |
More specialist ( population) |
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Trademarked |
Preventing competitors from using similar branding |
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Cash flow |
The money that goes in and out of a business |
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Viral |
Attracting interest |
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Market Research |
Systematic gathering, recording and analysis of data about issues relating to marketing products and services |
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Consumer |
Someone who purchases and uses a product/service |