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.
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 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.