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Marketing-Information

Management

Pricing

Seven functions

of marketing

Promotion

Product/Service Management

Advertising is vital to have for

businesses. Creativity is key when

thinking of ways to attract customers.

A main goal of promotion is to stress

the benefits of a business's products/

services.

Marketers work with design,

development, and maintenence

so they can satisfy the consumers.

Products are gathered together and

scrutinized.

Distribution

Setting prices too high or too low may not be the best choice for businesses. There are three goals for pricing: to generate profit, to set a price consumers are satisfied with, and to be in good competition.

This is how the products get to the potential

customers. Things such as shipping and handeling

need to be thought about, as well as getting the

products/services to their location in a timely manner.

Selling

Selling has a lot to do with communication.

Direct sales deal with face-to-face conversations.

And indirect deals with things like videoconferencing.

You want to make sure you provide a strong, clear

message between the seller and buyer.

Financial Analysis

The customers need to

have plans on how to pay

for what they purchase, so

businesses usually have

some financing options

available.

The decisions you make need

to be based on strong reliable

information/data. Using

technology like computers is

needed for managing and

gathering of data.

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