Marketing Functions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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FINANCING | Acquiring the money for starting and running a business.
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DISTRIBUTION | The transporting, storing, and handling of goods on their way from the manufacturer to the consumer.
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SELLING | Determining and responding to customer’s wants and needs through personalized communication.
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MARKETING INFORMATION MANAGEMENT | Gathering information,analyzing information, and utilizing information for use in making marketing decisions.
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PROMOTION | Communication used to inform, persuade, or remind customers about a business’s products.
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PRICING | Determining a value to charge for products.
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PRODUCT/SERVICE MANAGEMENT | Designing, producing, maintaining, improving, and obtaining products to meet customer’s wants and needs.
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CHANNEL MANAGEMENT | (logistics) is overseeing the distribution process (movement of product/services from producer to consumer).
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ADVERTISING | The most common form of promotion
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PRICING | It is important to consider what competitors are charging and the amount customers are willing and able to pay.
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MARKETING INFORMATION MANAGEMENT | Questionnaires and Surveys
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PRODUCT/SERVICE MANAGEMENT | Responsible for monitoring products' life cycles
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PUBLICITY | A free form of promotion
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PRODUCT/SERVICE MANAGEMENT | Must decide on the type of business image to project
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MARKETING INFORMATION MANAGEMENT | Useful in keeping up with the times -- trends,customer preferences, etc.
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PRICING | Necessary to cover costs and make a profit
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DISTRIBUTION | Necessary to ensure that products are available when and where they are needed
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PROMOTION | Draws customers to a business
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Created by:
franclarke
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