Marketing Objectives

Cards (9)

  • What do value sales represent for a brand?
    Money made by selling products
  • How are volume sales expressed?
    In common units like liters or kilograms
  • What do unit sales refer to?
    Number of items sold by a brand
  • What is market size?
    Potential number of customers for a product
  • How is market growth measured?
    Change in market size divided by year one size
  • What does sales growth measure?
    Changes in a company's sales
  • What is market share?
    Percentage of total revenue a company makes
  • What defines brand loyalty?
    Customers repeatedly purchase from the same brand
  • What feelings do loyal customers associate with their brand?
    Positive feelings toward that brand