Professional Documents
Culture Documents
A What is marketing?
Marketing is the process of studying and defining the needs of target customers as well as promoting products to fulfil
those needs. For example, if your company produces ice cream, you need to learn as much as you can about consumer
demands and preferences. (What flavours do they like? What size pack do they prefer?)
1 a group of potential customers who give their 3 information such as the age, gender and occupation
opinions about a product, brand, packaging etc. of a group of people
2 a section of the population classified according to 4 the strategies that companies use to analyse and
their level of income manage their contact with customers
5 the way the market is divided into different
consumer groups and the differences between them
Tip
A customer is a person who buys a product and a consumer is someone who uses a product – often
it can be the same person, but not always.