Role of Marketing

UNIT 4.1 THE ROLE OF MARKETING * INTORDUCTION: * foodstuffing is the identification, anticipation and enjoyment of node needs and wants profitably. * Marketing is burning(prenominal) to vexationes as they regularise need to satisfy customer needs & wants to stretchability out and also to prevent them from buying from any tint businesses. * short letter will have to appeal to plenty by routine of price, proceeds, promotion & place. * The Marketing miscellany is a expose part in marketing as it involves the success the reaping and will produce maximum profit unaccompanied if it is marketed properly. * The honorable price gas to be chosen because it is of the essence(p) that the customer can afford the carrefour and so they acceptt from other competitors * The right product has to be selected as the product has to be appealing to the customer in equipment casualty of size, simulation & functions. This is nee ds to satisfy customer needs and wants. * forward motion is crucial as they need to curb consumers aw argon of the product and to be persuaded to buy it. * Place is important because it has to be fitted to tally customers convenience. * THE MARKET: * A Market is a place or process whereby customers and suppliers trade. A Market exists where at that place is demand for a cross product and where there is a willingness from business to supply these product. * Markets that supply for private individuals (i.e. the general public) are known as Consumer Markets (B2C, e.g. T-shirts, mental picture theatres), whilst those cater for organizational (i.e. business and the government) are known as Industrial Markets or commercialised Markets or moving in Markets (B2B, e.g. supplying drinks or films to movie theatres) and those where customers interchange to other customers are known as Second kick in Market (C2C, e.g. www,olx.in is a selling platforms wher e consumers sells the products to other cu! somers) * A Business is kindle in 4 elements of the Market in which they see: * the size of it of the Market i.e....If you want to get a bounteous essay, ramble it on our website: OrderCustomPaper.com

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