Sports Marketing Chapter 6 Vocab

studied byStudied by 3 people
0.0(0)
learn
LearnA personalized and smart learning plan
exam
Practice TestTake a test on your terms and definitions
spaced repetition
Spaced RepetitionScientifically backed study method
heart puzzle
Matching GameHow quick can you match all your cards?
flashcards
FlashcardsStudy terms and definitions

1 / 12

flashcard set

Earn XP

Description and Tags

13 Terms

1
Applied Research
Research conducted to solve problems
New cards
2
Interpretation
Explaining the information so that it has meaning and drawing conclusions that relate to the defined marketing research problem
New cards
3
Marketing Intelligence
Information gathered about competitors
New cards
4
Marketing Plan
A precisely written document that describes the tactics and strategies that will be used to market the product or service
New cards
5
Mass Market
Broad group of customers
New cards
6
Mission Statement
Identifies the nature of the business and the reason it exists
New cards
7
Product Portfolio
All the products a company has available for customers at any one time
New cards
8
Strategies
The processes by which tactics are implemented
New cards
9
Tactic
The way a product or service is differentiated in the minds of customers from other competing products or services
New cards
10
Test Marketing
The sales potential for a new product is tried in a regional, or otherwise small, market prior to its final release nationwide and/or worldwide
New cards
11
Touchpoints
The points at which the business makes contact with customers, including web site visits, e-mails, phone calls, advertisements, and one-on-one sales pitches
New cards
12
Trade Shows
Major events where people in a related industry meet to show their products, exchange ideas, and learn about the latest trends
New cards
13
A product portfolio is
all the products a company has available for customers at any one time
New cards
robot