principles of marketing

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Marketing in English
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!"#$%&'()*(+#',&%-./0(1'&#%-./(#.2(1#$%3'-./(134%5+&'(6#73&8(
9"#%(-4(+#',&%-./(:(
;#',&%-./* the process by which companies create value for customers and build strong
customer relationships in order to capture value from customers in return.!
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<&&2* states of felt deprivation.!
9#.%4* the form human needs take as they are shaped by culture and individual
personality.!
=&+#.24(* human wants that are backed by buying power.!
;#',&%-./(5>>&'-./4(* some combination of products, services, information, or experiences
offered to a market to satisfy a need or want.!
;#',&%-./(+?5$7#(* the mistake of paying more attention to the specific products a
company offers than to the benefits and experiences produced by these products.!
@A"#./&(* the act of obtaining a desired object from someone by offering something in
return.!
;#',&%(* the set of all actual and potential buyers of a product or service.!
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=&4-/.-./(#(134%5+&'B2'-6&.(+#',&%-./(4%'#%&/?(
;#',&%-./(+#.#/&+&.%(* the art and science of choosing target markets and building
profitable relationships with them.!

C'5231%-5.(15.1&$%(* the idea that consumers will favor products that are available and
highly affordable and that the organization should therefore focus on improving production
and distribution effiency.!
C'5231%(15.1&$%(* the idea that consumers will favor products that offer the most quality,
performance, and features and that the organization should therefore devote its energy to
making continuous product improvements.!
D&77-./(15.1&$%(* the idea that consumers will not buy enough of the firm’s products unless it
undertakes a large-scale selling and promotion effort.!
;#',&%-./(15.1&$%(* a philosophy that holds that achieving organizational goals depends on
knowing the needs and wants of target markets and delivering the desired satisfactions
better than competitors do.!
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D51-&%#7(+#',&%-./(15.1&$% : the idea that a company’s marketing decisions should consider
consumers’!wants, the company’s requirements, consumers’!long-run interests, and
society’s long-run interests.!
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!34%5+&'('&7#%-5.4"-$(* the overall process of building and maintaining profitable customer
relationships y delivering superior customer value and satisfaction.!
!34%5+&'B$&'1&-6&2(6#73&(* the customer’s evaluation of the difference between all the
benefits and all the costs of a marketing offer relative to those of competing offers.!
!34%5+&'(4#%-4>#1%-5.(: the extent to which a product’s perceived performance matches a
buyer’s expectations.!

E.$'5>-%#F7&(134%5+&'4 : you are fired.!
!34%5+&'B+#.#/&2('&7#%-5.4"-$4 : marketing relationships in which customers, empowered
by today’s new digital technologies, interact with companies and with each other to shape
their relationships with brands.!
!5.43+&'4B/&.&'#%&2(+#',&%-./(* brand exchanges created by consumers themselves –!both
invited and uninvited –!by which consumers are playing an increasing role in shaping their
own brand experiences and those of other consumers.!
C#'%.&'('&7#%-5.4"-$(+#.#/&+&.%(* working closely with partners in other company
departments and outside the company to jointly bring greater value to customers.!
!34%5+&'(7->&%-+&(6#73&(* the value of the entire stream of purchases that the consumer
would make over a lifetime of patronage.!
D"#'&(5>(134%5+&' : the portion of the customer’s purchasing that a company gets in its
product categories.!
!34%5+&'(&G3-%?(* the total combined customer lifetime values of all of the company’s
customers.!
H"&(.&I(&'#(5>(15.43+&'(>'3/#7-%?(
J.%&'.&%(* a vast public web of computer networks that connects users of all types all
around the world to each other and to an amazingly large information requository.!
!
!"#$%&'(K(*(15+$#.?(#.2(+#',&%-./(4%'#%&/?0($#'%.&'-./(%5(F3-72(134%5+&'('&7#%-5.4"-$4(

D%'#%&/-1($7#..-./(* the process of developing and maintaining a startegic fit between the
organization’s goals and capabilities and its changing marketing opportunities.!
!
;-44-5.(4%#%&+&.%(* a statement of the organization’s purpose –!what it wants to accomplish
in the larger environment.!
L34-.&44($5'%>57-5(* the collection of businesses and products that make up the company.!
M&#7(+#',&%-./(
C5'%>57-5(#.#7?4-4(* the process by which management evaluates the products and businesses
that make up the company.!
N'5I%"B4"#'&(+#%'-A(* a portfolio-planning method that evaluates a company’s SBUs in terms
of its market growth rate and relative market share.!
;#',&%-./(4%'#%&/?(* the marketing logic by which the company hopes to create customer
value and achieve profitable customer relationships.!
!
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C'5231%O+#',&%(&A$#.4-5.(/'-2(* a portfolio-planning tool for identifying company growth
opportunities through market penetration, market developmet, product development, or
diversification.!
;#',&%($&.&%'#%-5.(* company growth by increasing sales of current products to current
market segments without changing the product.!