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Vocabulary for IELTS Academic (Band 5) - 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 IELTS Academic (Band 5)
business
[noun]

the activity of providing services or products in exchange for money

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

Ex: The government released advertisement about the importance of vaccinations .
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budget
[noun]

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

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client
[noun]

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

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commerce
[noun]

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

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consumer
[noun]

someone who buys and uses services or goods

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

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a company

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industry
[noun]

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

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market
[noun]

a public place where people buy and sell groceries

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sales
[noun]

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

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trade
[noun]

the activity of exchanging goods or services

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contract
[noun]

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

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product
[noun]

something that is created or grown for sale

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strategy
[noun]

an organized plan made to achieve a goal

Ex: The government introduced strategy to reduce pollution .
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bill
[noun]

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

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