MIM: The processof collecting,analyzing, andusing data about amarket,customers,Competitionforcescompanies tocreate betterproducts7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needEconomic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.If customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsPlace Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.4P's ofMarketing:Price,Product,Place,PromotiomDistribution:Deciding onhow to getproducts orservices tocustomers,Time UtilityProviding productsor services at thetime consumersneed or wantthem.What is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!marketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.Information:Usingcommunicationand informationto make theproduct attractiveto consumers.Form: The valueadded bychanging aproduct's physicalform to make itmore useful.Promotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. Goods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.Customervalue=economicutilityPossession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.Non profitorganizationsdo not earnany profits forits ownersServices areintangible(meaningyou can'tphysically touchthem)The marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.Marketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingmarketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesThe marketing ofservices reliesheavily onrecommendationsand word-of-mouthMIM: The processof collecting,analyzing, andusing data about amarket,customers,Competitionforcescompanies tocreate betterproducts7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needEconomic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.If customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsPlace Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.4P's ofMarketing:Price,Product,Place,PromotiomDistribution:Deciding onhow to getproducts orservices tocustomers,Time UtilityProviding productsor services at thetime consumersneed or wantthem.What is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!marketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.Information:Usingcommunicationand informationto make theproduct attractiveto consumers.Form: The valueadded bychanging aproduct's physicalform to make itmore useful.Promotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. Goods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.Customervalue=economicutilityPossession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.Non profitorganizationsdo not earnany profits forits ownersServices areintangible(meaningyou can'tphysically touchthem)The marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.Marketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingmarketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesThe marketing ofservices reliesheavily onrecommendationsand word-of-mouth

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.


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