1
This function helps determine how much to charge for a product.
Pricing
This function of marketing is what researchers do to find out about their customers habits and attitudes.
Marketing Information management
these activities include determining customers wants and needs
selling
Television ads and billboards are a form of this function.
Promotion
physically moving and storing products is part of this function
channel managment
This function of marketing is what companies do to find out about customers, their habits, and attitudes. It is also known as Research.
Marketing Information Management
Marketing research helps companies determine customers needs and wants through this function
product/service management
Walmart lowering their prices of their products so that people will be more attracted to them since they are lower in price.
Pricing
This function provides customers with the goods and services they want.
Selling
Apple and Samsung make small changes to their product every year to make customers want the newer product
Product/service management
distribution is another name for this function
channel management
An example of this function is skyzone making their different types of promotion stand out to little kids like showing skyzone birthday parties which attracts little kids.
Marketing planning
this function is used to improve a companies image
promotion
A marketing function that involves creating strategies to attract the customer to a business, including setting goals, selecting target markets, creating budgets, forecasting sales, and performing analyses.
Marketing Planning