Page 20 - EBOOK DPM 10013 POM-FINAL 25.10.2021
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No                                 Core marketing Concept

                                        An offering is something that is specially produced to be sold.

                                        An offering in marketing is the total offer to your customers. An
                       Offering         offering is more than the product itself and includes elements that
                 2
                                        represent additional value to your customers, such as availability,

                                        convenient delivery, technical support or quality of service.


                                        The  amount  of  benefits  which  customers  get  from  purchasing

                       Value            products and services.

                 3                      A Consumer’s perception of how well an organization has delivered
                       Satisfaction
                                        on their communicated value proposition.
                                        A person whose duties include the identification of the goods and

                       Marketers        services desired by a set of consumers, as well as the marketing of

                                        those goods and services on behalf of a company.
                 4
                                        The group of consumers or organizations that is interested in the
                       Market           product,  has  the  resources  to  purchase  the  product,  and  is

                                        permitted by law and other regulations to acquire the product.

                                        An exchange process  is  simply  when  an  individual  or  an

                          Exchange      organisation  decides  to satisfy a  need or want  by offering some
                                        money or goods or services in exchange.

                                        A  transaction  is  an  agreement  between  a  buyer  and  a  seller  to
                  5     Transaction
                                        exchange goods, services or financial instruments.

                                        A face of customer relationship management (CRM) that focuses on

                        Relationships   customer loyalty and long-term customer engagement rather than
                                        shorter-term goals like customer acquisition and individual sales.


















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