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Seven Functions of Marketing

What is Marketing?

  • The process of making, promoting, and selling a product/service to satisfy the consumers wants and needs.
  • Marketing helps connect the companies to the consumers.

Marketing

Consumer- the person who use the purchased good?product.

The customer is the person who buys the product the consumer is the person who actually uses it.

What is product and service managment?

Product and service management is maintaining, obtaining, and improving a product in order to satify customers and benefit the company.

Product and service managment

Definitions

Obtain

To get, or aquire something

Benefit

Definitions

An advantage or something that helps you

Distribution

Distribution is how the buinesses get the products out to customers

Distribution

Definition

Customer- a person that buys goods and services from a buisness.

Definition

What is finacing

  • finacing is the act of obtaining the money needed to fund the buisness.
  • The money made from the buisness

Finacing

What is marketing information management?

Marketing information mangement is, getting the information needed to make good buisness decisions.

Marketing information management

What is pricing?

Choosing how much to charge in order to make a profit.

Pricing

What is promotion

Any form of marketing used to inform, persuede, or remind customers about a buisness products or services.

Promotion

What is selling?

Providing customers with goods and services they want.

Selling

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