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(Floating Topic
MARKETING) - Coggle Diagram
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Floating Topic
MARKETING
INTRODUCTION
MARKET
(MEANING)market is derived from LATIN word "MARCATUS" means merchandise,ware,trade or place where business is conducted
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DEFINITIONS
According to Hansen,"Marketing is defined as the process of discovering and translating consumer needs and wants into product and services,creating demand for these products and services and then in turn expanding the demand"
FEATURES
- Customer oriented focused
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FUNCTIONS
EXCHANGE
BUYING
The Buying in marketing relates to the consumers of a product. In the buying , the consumers realisesthe need for a product, Seek information on that product. Then they come up with a number of alternative product. Then based on their uses and benefits they purchase the one that they think is the best. This simple process is called Buying. Buying can either be for industrial purpose or for domestic purpose.
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