301 Functions of Marketing

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Marketing Information Management

The practice of monitoring the market place organizing and analyzing the results of data collection and developing strategies for future marketing activites

Product Service Management

The process of creating and changing the information about a company catalog of offerings

Financing

Obtaining money needed to finance the operation of a business bank loans and offering credit to customers

Pricing

Determining a value to charge for goods and services consider what competition and what consumers are willing able and to pay

Promotion

Communication used to inform or remind people about a business products involves persuading customers to purchase a product

selling

Determining customer needs and want through planned personalized intended to influence purchase decisions and ensure satisfaction

Distribution

The transporting storing and handling of goods on thier way from the manufacturer to the consumer includes the decisions about where to sell a product