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Marketing Fundamentals

Essential marketing concepts and strategies for business success

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Flashcards (6)

Card 1

What are the 4 Ps of Marketing?

Product (what you sell), Price (cost), Place (distribution), Promotion (marketing communications). Also called the Marketing Mix.
Card 2

What is a target market?

A specific group of consumers identified as the intended recipients of a marketing campaign. Defined by demographics, psychographics, behavior.
Card 3

What is SEO?

Search Engine Optimization: improving website visibility in search engine results through keywords, content quality, backlinks, technical optimization.
Card 4

What is the difference between B2B and B2C?

B2B (Business-to-Business): selling to other businesses. B2C (Business-to-Consumer): selling directly to individual consumers.
Card 5

What is a unique selling proposition (USP)?

The factor or benefit that makes a product/service different and better than competitors. Answers "Why should customers choose you?"
Card 6

What is conversion rate?

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