Vocabulary related to the topic "Supply and Demand"
Appearance
Noun
The way that someone or something looks
Example: I like the appearance of this product
en: Apariencia
Boost
Verb
A source of help or encouragement leading to increase or improvement
Example: A good bonus can boost your winnings
en: Aumentar
Brands
Noun
A type of product manufactured by a particular company under a particular name
Example: All the logos, texts and brands belong to his owners
en: Marcas
Business
Noun
An activity such a selling products or providing a service where the aim is to make a profit.
Example: For many entrepreneurs, building their first business can be intimidating.
en: Negocio
Cheap
Adjective
Low in price, especially in relation to similar items or services.
Example: Cheap product is more in demand
en: Barato
Company
Noun
A commercial business
Example: This company is specialized in the development of recyclable products.
en: Empresa
Customer
Noun
A person who buys goods or services from a shop or business
Example: Mr Harrison was a regular customer at the Golden Lion
en: Cliente
Demand
Noun
The desire of consumers, clients, employers, etc. for a particular commodity, service, or other item
Example: When something is new, the demand to buy is high
en: Demanda
Distribution
Noun
The action or process of supplying goods to retailers
Example: A manager has the choice of four types of distribution
en: Distribución
Features
Noun
A distinctive attribute or aspect of something
Example: This cell phone has several features that make it easy to use
en: Características
Life cycle
Noun
A life cycle is a course of events that brings a new product into existence and follows its growth into a mature product and eventual critical mass and decline
Example: These days, the life cycle of a computer is short
en: Ciclo de vida
Market segment
Noun
The term market segment refers to people who are grouped together for marketing purposes.
Example: And it's in this very market segment that demand still exists for additional capacities.
en: Segmento de mercado
Marketing mix
Noun
A combination of factors that can be controlled by a company to influence consumers to purchase its products.
Example: We've done quite a lot of work around that and have changed our marketing mix considerably as a result.
en: Mezcla de marketing
Marketing strategy
Noun
A plan of action designed to promote and sell a product or service
Example: Marketing strategy for a good brand visibility to increase the interaction with the customer
en: Estrategia de mercadeo
Mass market
Noun
The market for goods that are produced in large quantities.
Example: Mobile technologies have hit the mass market
en: Mercado de masas
Packaging
Noun
Materials used to wrap or protect goods
Example: The returned product must include all its packaging and documentation
en: Embalaje
Price
Noun
The amount of money expected, required, or given in payment for something
Example: if the price goes up, the demand goes down
en: Precio
Promotion
Noun
The publicizing of a product, organization, or venture so as to increase sales or public awareness
Example: We have big promotion of brand in the market now.
en: Promoción
Supply
Noun
The amount of a good or service offered for sale
Example: The supply of fish is very limited
en: Oferta
Target
Noun
An objective or result towards which efforts are directed
Example: The target group for this year is children
