Professional Documents
Culture Documents
5. Value
6. Exchange
7. Transaction
8. Market Offering
Marketing Vocabulary
Value
Something of
importance……..so
mething having
ability to fill in a gap
or solve a problem.
Marketing Vocabulary
Exchange
is the act of
obtaining a desired
object from
someone by offering
something in return.
Marketing Vocabulary
Transaction
Transaction is an
activity in which
goods, services or
money is passed
from one account or
person to another.
Marketing Vocabulary
Market Offering
is some combination
of products, services,
information, or
experiences offered
to a market to satisfy
a need or want.