How it works
A marketing vocabulary worksheet in four sets of twelve: the terms are printed down the left and their meanings, shuffled, down the right. The sets are core terms, research and customers, then product, price and place, and promotion.
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Core terms, then research and customers
Set opens on Core terms: marketing, market, consumer, target market, brand, logo, slogan, survey, promotion, advertisement, product and price. Research and customers prints market research, focus group, questionnaire, demographics, market segment, target audience, market share, competitor, demand, mass market, niche market and brand loyalty.
Product, price and place, then promotion
The third set has packaging, product line, bundle, generic, list price, markup, loss leader, rebate, retailer, wholesaler, distribution and e-commerce. The fourth is all promotion: publicity, public relations, word of mouth, telemarketing, infomercial, testimonial, product placement, sales pitch, call to action, giveaway, sponsorship and direct mail.
- No real company, brand or product is named on the sheet or in the examples under the tool: every example is made up.
Questions and answers
What are the 4 Ps of marketing?
Product, price, place and promotion. Together they are called the marketing mix: what is sold, what it costs, how it reaches buyers and how buyers hear about it.
What is the difference between marketing and advertising?
Marketing is the whole work of promoting and selling goods or services, and it includes market research and advertising. Advertising is one part of it: the public notices that tell people about something for sale.
What is the difference between a target market and a target audience?
A target market is the group of customers a company most wants to sell a product to. A target audience is the group that one message or advertisement is meant to reach.
What is a loss leader?
An item a store sells at a loss, or at a very low price, to bring shoppers in. The store hopes they will buy other things that do make a profit.