Marketing
what are products
goods and services
Purchasing
Obtaining goods and services for use in the operation of a business or for resale.
Financing
Determining the need for and availability of financial resources to aid in marketing activities.
what are goods
material items you can touch
Pricing
The determination of an exchange price at which the buyer and seller perceive optimum value for a good or service.
Distribution
The physical movement or the transfer of ownership of a good or service form the producer to the consumer.
what are services
a series of tasks performed for a customer
Product Planning
The process of creating a product in response to market opportunities.
Utility
is the usefulness of a product.
what is marketing
Making or producing the correct good or service to add value to consumers everyday life
Marketing Information Management
Gathering, recording, analyzing and disseminating information to aid in making marketing decisions.
why should you study marketing
to understand business, to learn interpersonal to, and to perfect communication skills.
when does a exchange happen
Every time a item I sold on the market
Promotion
Communicates information about products, services, images or ideas to customers or clients to influence their purchase behavior.
One on one promotion
Most effective way to sell or promote a product or service