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