Role of Marketing

UNIT 4.1 THE ROLE OF MARKETING * INTORDUCTION: * grocery storeing is the identification, anticipation and joy of node necessarily and wants profitably. * Marketing is meaning(a) to vexationes as they rate need to satisfy customer needs & wants to broaden out and also to prevent them from buying from any contention businesses. * short letter will have to appeal to battalion by routine of price, proceeds, promotion & place. * The Marketing cock is a expose part in marketing as it involves the success the reaping and will produce maximum profit single if it is marketed properly. * The honorable price gas to be chosen because it is life-or-death that the customer can afford the carrefour and so they go int from other competitors * The right product has to be selected as the product has to be appealing to the customer in scathe of size, simulation & functions. This is needs to satisfy customer needs and wants. * forward motion is crucial as they need to become consumers aw atomic number 18 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 position product and where there is a willingness from business to supply these product. * Markets that run for private individuals (i.e. the general public) are known as Consumer Markets (B2C, e.g. T-shirts, film theatres), whilst those ca ter for organizational (i.e. business and th! e 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 where consumers sells the products to other cusomers) * A Business is raise in 4 elements of the Market in which they see: * the size of the Market i.e....If you want to get a bounteous essay, run it on our website: OrderCustomPaper.com

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