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Academic IELTS (Band 5 and Below) - Marketing

Here, you will learn some English words related to Marketing that are necessary for the Basic Academic IELTS exam.

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Vocabulary for Academic IELTS (5)
business

the activity of providing services or products in exchange for money

[noun]
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Definition & Meaning of \"business\"
advertisement

any movie, picture, note, etc. designed to promote products or services to the public

[noun]
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Definition & Meaning of \"advertisement\"
budget

the sum of money that is available to a person, an organization, etc. for a particular purpose and the plan according to which it will be spent

[noun]
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client

a person or organization that pays for the services of a company or recommendations of a professional

[noun]
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commerce

the act of buying and selling goods and services, particularly between countries

[noun]
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Definition & Meaning of \"commerce\"
consumer

someone who buys and uses services or goods

[noun]
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distribution

the process of supplying shops and other businesses with products to be sold

[noun]
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Definition & Meaning of \"distribution\"
enterprise

a company

[noun]
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Definition & Meaning of \"enterprise\"
industry

all of the activities, companies, and people that are involved in providing a service or producing goods

[noun]
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Definition & Meaning of \"industry\"
market

a public place where people buy and sell groceries

[noun]
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Definition & Meaning of \"market\"
sales

the total amount of income a company, store, etc. makes from the sales of goods or services over a specific period of time

[noun]
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Definition & Meaning of \"sales\"
trade

the activity of exchanging goods or services

[noun]
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Definition & Meaning of \"trade\"
contract

an official agreement between two or more sides that states what each of them has to do

[noun]
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Definition & Meaning of \"contract\"
product

something that is created or grown for sale

[noun]
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Definition & Meaning of \"product\"
strategy

an organized plan made to achieve a goal

[noun]
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Definition & Meaning of \"strategy\"
bill

a piece of printed paper that shows the amount of money a person has to pay for goods or services received

[noun]
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Definition & Meaning of \"bill\"
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