SME Investor Magazine Jun-Jul 2017 | Page 12

SMEInvestor Crossword 1 2 3 4 5 6 7 8 9 10 11 Across Down 2. The part of the marketing mix that focuses on where a firm’s products are sold 1. Where a customer buys more than once from the same business 4. The gathering of new information, data that has not been collected before 3. Part of a market that contains a group of buyers with similar buying habits, such as age or income 5. The combination of factors which help a business to take into account customer needs when selling a product, usually summarised with 4 p’s. 5. The process of gaining information about customers, competitors and market trends through collecting primary and secondary data 6. Data that can be expressed as number and can be statistically analysed 8. 7. How a business makes its products known to customers – both existing and potential A form of promotion where customers recommend a business due to favourable experiences 9. 10. Tailoring a product to meet customer needs and wants Part of the marketing mix - goods or services made by a business 11. Part of the marketing mix - how much customers are asked to pay