Tuesday, February 17, 2009

Functions of Marketing

Product service management is designing, developing, maintaining, and improving the product. Distribution is determining the best way to place that product. Selling is hoe your product serve the customers needs. Financing is budgeting for markting activities and helping the customer pay your product or service. Pricing is communicating the value of your product or service to the customer. Promotion is advertising or other forms of communicating information about your product to achive a desired outcome. The way all of these functions tie together is involving the product that is being sold.

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