Customervalue=economicutility7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needThe marketing ofservices reliesheavily onrecommendationsand word-of-mouthmarketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.Promotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. Place Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.Economic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.Non profitorganizationsdo not earnany profits forits ownersMIM: The processof collecting,analyzing, andusing data about amarket,customers,The marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.4 P's ofMarketingPrice, Product,Place,Promotionmarketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesForm: The valueadded bychanging aproduct's physicalform to make itmore useful.Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsMarketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingIf customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.Services areintangible(meaningyou can'tphysically touchthem)Information:Usingcommunicationand informationto make theproduct attractiveto consumers.Possession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.Goods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.What is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!Time UtilityProviding productsor services at thetime consumersneed or wantthem.Distribution:Deciding onhow to getproducts orservices tocustomers,Competitionforcescompanies tocreate betterproductsCustomervalue=economicutility7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needThe marketing ofservices reliesheavily onrecommendationsand word-of-mouthmarketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.Promotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. Place Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.Economic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.Non profitorganizationsdo not earnany profits forits ownersMIM: The processof collecting,analyzing, andusing data about amarket,customers,The marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.4 P's ofMarketingPrice, Product,Place,Promotionmarketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesForm: The valueadded bychanging aproduct's physicalform to make itmore useful.Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsMarketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingIf customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.Services areintangible(meaningyou can'tphysically touchthem)Information:Usingcommunicationand informationto make theproduct attractiveto consumers.Possession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.Goods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.What is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!Time UtilityProviding productsor services at thetime consumersneed or wantthem.Distribution:Deciding onhow to getproducts orservices tocustomers,Competitionforcescompanies tocreate betterproducts

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