Relier Pairs 4.01 retail elements in marketVersion en ligne retail elements in marketing par Whitley Washington 1 Demographic segmentation 2 Promotion 3 Market concept 4 Psychographic segmentation 5 Market 6 Indirect distribution 7 Marketing mix 8 Marketing 9 Channel of distribution 10 Market segmentation 11 Financing 12 Geographic segmentation A way to segment markets based on vital statistics of the population such as age, race, gender, education level, income level, and occupation. The group of all potential customers. The path a product takes to get from the producer to the consumer Obtaining the money needed to cover the costs of operating a business. The process of developing, promoting, pricing, and distributing products in order to satisfy customers’ needs and wants. A distribution channel in which goods or services are sold indirectly to the consumer through one or more intermediaries. A combination of decisions a business must make in order to best reach its target market; known as “the four Ps” of marketing—product, place, price, promotion. Segmenting a market based on where a person lives A business approach that directs all marketing efforts towards customer wants and needs. A way of segmenting a market based on consumers’ lifestyles, values, attitudes, and self-concepts. Communication used to inform, persuade, or remind people about a business’s products. Dividing the entire market into smaller groups having similar characteristics.
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