7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needTime UtilityProviding productsor services at thetime consumersneed or wantthem.Services areintangible(meaningyou can'tphysically touchthem)Place Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.Possession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.Non profitorganizationsdo not earnany profits forits owners4 P's ofMarketingPrice, Product,Place,PromotionEconomic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.MIM: The processof collecting,analyzing, andusing data about amarket,customers,The marketing ofservices reliesheavily onrecommendationsand word-of-mouthIf customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.Promotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. marketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsDistribution:Deciding onhow to getproducts orservices tocustomers,CustomerValue=EconomicUtilityGoods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.Information:Usingcommunicationand informationto make theproduct attractiveto consumers.marketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesThe marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.Form: The valueadded bychanging aproduct's physicalform to make itmore useful.What is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!Marketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingCompetitionforcescompanies tocreate betterproducts7 Functions ofMarketing:Product: This functionfocuses on developing,maintaining, andimproving products orservices to meetcustomer needTime UtilityProviding productsor services at thetime consumersneed or wantthem.Services areintangible(meaningyou can'tphysically touchthem)Place Utility:Making aproduct orservice available at aconvenient locationwhere consumerscan easily purchaseit.Possession:Thevalue gainedby a consumerwhen they acquireownership of aproduct or service.Non profitorganizationsdo not earnany profits forits owners4 P's ofMarketingPrice, Product,Place,PromotionEconomic UtilitiesThe amount ofsatisfactiona consumer getsfrom aproduct orservices.MIM: The processof collecting,analyzing, andusing data about amarket,customers,The marketing ofservices reliesheavily onrecommendationsand word-of-mouthIf customers deem thata product has added utility (addedvalue) to their lives,they will be more likely to purchase theproduct.Promotion:Anyelement ofcommunicationused to inform,persuade, or remindcustomers aboutyour product. marketing seeks tomatch acompany's productsand services tocustomers whowant thoseproducts.Marketing makes iteasy tobridge the gapbetweenproducers andconsumers andmakes it easy forcustomers tobuy productsDistribution:Deciding onhow to getproducts orservices tocustomers,CustomerValue=EconomicUtilityGoods are tangible(meaning youcan touch it) itemsthat havemonetary value andsatisfy acustomer’s wantsand needs.Information:Usingcommunicationand informationto make theproduct attractiveto consumers.marketer, one of yourmain jobs ischanging/adaptingyour marketingstrategy to adaptto current trends andcustomer attitudesThe marketingconcept shouldwork to satisfycustomer needsand wants whilegenerating a profitfor the business.Form: The valueadded bychanging aproduct's physicalform to make itmore useful.What is Marketing?creating andmaintainingrelationshipsbetweenproducers andconsumers!Marketing involvesthe process ofplanning, pricing,promoting,selling, anddistributingCompetitionforcescompanies 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.


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