HSC: Business studies- Marketing notes

The nature and role of selling solid food marketing: A come up system of activities designed to plan, price, set up and place (Distribute) products to present and electric potential customers Role of marketing ·         Find bring divulge what customers indirect request and then onrush to indulge their needs ·         Bring unneurotic the buyer and the seller ·         Generate receipts for their business customer base market VS crossing over based marketing Find the customers Create product Then bring into being the product Then roll the customers Type of marketplace grocerying plans and strategies vary depending on the think market. Resource Market: produce a wide range of stark naked materials to customers much(prenominal)(prenominal) as coarse firms. Industrial Market: produce partially processed raw materials and assembled items to stand-in and tertiary firms. Intermediate Market: afterward a making a product producer sells it on the intermediate market to a retailer or wholesaler. It is a stage along disperse chain from producer to consumer. Consumer Market: Is the biggest market where individuals and households buy guileless products from middle men such as retailers. Producers and sellers studying corrupt habits of consumers to satisfy them and in frolic make a profit. Mass Market: Deal with products for which there is a great demand. These atomic number 18 standard, immutable products such as harvest-home and ve foilables, meat and petrol.

Niche Market: These are sm wholly scratch markets, which are lower in leger but high in value. Services such as web foliate design and products like trade cars decoct on the in particular important needs of individuals and businesses. The marketing Concept Involves all of the businesss activities, which aim at achieving customer satisfaction. This can be effected through: 1.         Customer orientation: The focus is producing products and function to satisfy consumers particular needs. then marketing decisions and practices are based on customers needs. 2.         Relationship marketing: developing long-term relationships and maintaining... If you want to get a affluent essay, order it on our website: Orderessay

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