Marketing 8

shopping products

consumer products and services that the customer compares carefully on suitability, quality, price, and style

specialty products

consumer products and services with unique characteristics or brand identification for which a significant group of buyers willing to make a special purchasing effort

unsought products

consumer products that the consumer does not know about or knows about but does not normally think of buying

industrial products

products purchased for further processing or for use in conducting a business

organization marketing

consists of activities undertaken to create, maintian, or change attitudes and behavior of target consumer toward an organization

person marketing

consists of activities undertaken to create, maintain, or change attitudes and behavior of target consumers toward particular people

place marketing

consists of activities undertaken to create, maintian, or change attitutues and behavior of target consumers towards particular places

social marketing

use of commercial marketing concepts and tools in program desgined to influence individuals behavior to imporve their well-being and that of society

conformance quality

products freedom from defects and consistency in delivering a targeted level of performance

product features

competitive tool for differentiating a product from competitors products

style vs design

appearance of product vs. what contributes to a products usefulness as well as to its looks

brand

name, term, sign, or design- or a combination of these- that identitfies the maker or seller of a product or service; consumers perceptinos and feelings about a product; comp. promise to deliver set of features, benefits..etc.

packaging vs labels

involves desiging and producing the container or wrapper for a product vs. identify the product or brand, describe attributes, and provide promotion

product line

a group of products that are closely related because they function in a similar manner, are sold to the same customer groups, are marketed through the same types of outlets, or fall within given price ranges

product line length

number of items in the product line

product mix

consists of all the products and items that a particular sell offers for sale;

service-profit chain links

links service from profits with employee and customer satisfaction

internal marketing

means that the service firm must orient and motivate its customer contact employees and supporting service people to work as a team to provide customer satisfaction

interactive marketing

means that service quality depends heavily on the quality of the buyer-seller interaction during the service encounter

managing service differentiation

creates a competitive advantage from the offer, delivery, and image of the service

marketing service quality

provides a competitive advantage by delivering consistently higher quality than its competitors