ADVERTISING FUNCTIONS
SETH PARRIETTE
MARKET PLANNING
INVOLVES IDENTIFYING TARGET MARKETS AND DEVELOPING AN EFFECTIVE MARKETING STARTEGY AND MARKETING MIX THAT WILL PRODUCE A SATISFYING EXCHANGE RELATIONSHIP
PRODUCT AND SERVICE MANAGEMENT
CREATING PRODUCTS AND SERVICES THAT MEET THE NEEDS OF CUTOMERS
DISTRIBUTION
FINDING WAYS FOR CUSTOMERS TO LOCATE OF FIND THE PRODUCT THEY MAY HAVE ORDERED OR BOUGHT
PRICING
ESTABLISHING A SET VALUE OF THE PRODUCT TO THE CUSTOMER
PROMOTION
TRYING TO SELL THE PRODUCT TO POTENTIAL CUSTOMERS
MARKET INFORMATION MANAGEMENT
COLLECTING NEW AND ACCURATE INFORMATION TO MAKE MARKETING DECISIONS
FINANCING
THE FIRST COMPONENT IS THAT THEY HAVE THE BUDGET TO FOLLOW THEIR MARKETING STRATEGIRES AND THE SECOND COMPONENT IS PROVIDING FINANCIAL ASSISTANCE TO CUSTOMERS SO THEY CAN BUY THEIR PRODUCTS
RISK MANAGEMENT
TO IDENTIFY THE RISKS WITH THE MARKETING DECISIONS AND DEVELOPING A STARTEGY TO REDUCE THE RISKS