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CH 1 Marketing (7 Functions (Distribution (Different ways of getting goods…
CH 1 Marketing
7 Functions
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Selling
Personal communication with customers so their needs are met. Also involves thinking about the customers' future needs.
Promotion
Advertising about products, services, or ideas in different ways to achieve a desired goal.
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Pricing
Communicating and establishing a price of goods and/or services. Higher demand may lead to higher pricing.
Financing
Budgeting for not only the company's budget, but also helping the customer with payments to keep their loyalty.
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