https://padlet.com/kbelue6271/powzquf3pkun Made with joy en-us 2017-02-13 19:40:03 UTC 2017-02-13 20:20:20 UTC hello@padlet.com kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153552111 -Enconomic market: all consumers who will purchase product or service
-Major goals of marketing
        -what do consumers what
        -how much will they pay it]]> 2017-02-13 19:46:30 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153552111 kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153553717 -Price that fans will pay depends on their degree of interest and their perception of the benefits derived
-Benefits Derived: the value people believe they receive from a product from a company or service
-Comparative advantages: the capability to produce products or services more efficiently and economically than the competition ]]> 2017-02-13 19:51:00 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153553717 kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153555861 Abraham Maslow developed a hierarchy of needs.
-Physiological: physical safety and economic security
-Social: friends, family, and love
-Esteem: respect and recognition 
-Self actualization: realize full potential ]]> 2017-02-13 19:57:39 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153555861 kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153557886 -Emotional Purchases: buying with little thought during emotional highs or lows
-Rational Purchases: buying based on needs, wants, priorities, budget, research, alternatives, though, and reasoning
-Patronage Purchase: buying based on loyalty to a brand or product]]> 2017-02-13 20:04:06 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153557886 kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153559878 -Busniesses must buy merchandise that customers will buy from them
      -projecting winning teams and athletes is difficult
-Businesses also buy for their own use]]> 2017-02-13 20:10:30 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153559878 kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153560860 Decision making process:
  -Reconize a need or want and the oportunity to satisfy it
  -Gather Information
  -Evaluate Choices
  -Decide what to purchase
-Evaluate the product after purchase]]> 2017-02-13 20:13:57 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153560860 kbelue6271 https://padlet.com/kbelue6271/powzquf3pkun/wish/153561894 Consumers
  -Demographics and shopping behaviors
 Buisness Enviroment
  -Econmonic conditions
  -Amount and quality of competition
  -Government regulation and laws
   -Ethical issues]]> 2017-02-13 20:17:42 UTC https://padlet.com/kbelue6271/powzquf3pkun/wish/153561894