7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needMarketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingTime UtilityProviding productsor services at thetime consumersneed or wantthem.marketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesGoods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.Competitionforcescompanies tocreate betterproductsIf customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.MIM: The processof collecting,analyzing, andusing data about amarket,customers,Non-profitorganizationsdo notearn any profitsfor its owners.Distribution:Deciding onhow to getproducts orservices tocustomers,Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsPlace Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.Services areintangible(meaning youcan’tphysically touchthem)The marketing ofservices reliesheavily onrecommendationsand word-of-mouthWhat is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!Economic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.Possession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.The marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.Customervalue=economicutilityPromotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. Form: The valueadded bychanging aproduct's physicalform to make itmore useful.4P's ofMarketing:Price,Product,Place,PromotiomInformation:Usingcommunicationand informationto make theproduct attractiveto consumers.marketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needMarketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingTime UtilityProviding productsor services at thetime consumersneed or wantthem.marketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesGoods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.Competitionforcescompanies tocreate betterproductsIf customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.MIM: The processof collecting,analyzing, andusing data about amarket,customers,Non-profitorganizationsdo notearn any profitsfor its owners.Distribution:Deciding onhow to getproducts orservices tocustomers,Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsPlace Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.Services areintangible(meaning youcan’tphysically touchthem)The marketing ofservices reliesheavily onrecommendationsand word-of-mouthWhat is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!Economic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.Possession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.The marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.Customervalue=economicutilityPromotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. Form: The valueadded bychanging aproduct's physicalform to make itmore useful.4P's ofMarketing:Price,Product,Place,PromotiomInformation:Usingcommunicationand informationto make theproduct attractiveto consumers.marketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.

SUNY Marketing - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
  1. 7 Functions of Marketing: Product: This function focuses on developing, maintaining, and improving products or services to meet customer need
  2. Marketing involves the process of planning, pricing, promoting, selling, and distributing
  3. Time Utility Providing products or services at the time consumers need or want them.
  4. marketer, one of your main jobs is changing/adapting your marketing strategy to adapt to current trends and customer attitudes
  5. Goods are tangible (meaning you can touch it) items that have monetary value and satisfy a customer’s wants and needs.
  6. Competition forces companies to create better products
  7. If customers deem that a product has added utility (added value) to their lives, they will be more likely to purchase the product.
  8. MIM: The process of collecting, analyzing, and using data about a market, customers,
  9. Non-profit organizations do not earn any profits for its owners.
  10. Distribution: Deciding on how to get products or services to customers,
  11. Marketing makes it easy to bridge the gap between producers and consumers and makes it easy for customers to buy products
  12. Place Utility:Making a product or service available at a convenient location where consumers can easily purchase it.
  13. Services are intangible (meaning you can’t physically touch them)
  14. The marketing of services relies heavily on recommendations and word-of-mouth
  15. What is Marketing?creating and maintaining relationships between producers and consumers!
  16. Economic Utilities The amount of satisfaction a consumer gets from a product or services.
  17. Possession:The value gained by a consumer when they acquire ownership of a product or service.
  18. The marketing concept should work to satisfy customer needs and wants while generating a profit for the business.
  19. Customer value=economic utility
  20. Promotion:Any element of communication used to inform, persuade, or remind customers about your product.
  21. Form: The value added by changing a product's physical form to make it more useful.
  22. 4P's of Marketing: Price,Product, Place, Promotiom
  23. Information:Using communication and information to make the product attractive to consumers.
  24. marketing seeks to match a company's products and services to customers who want those products.