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Business

Marketing

QuestionAnswer
What is the role of marketing in the business? Marketing plays an important role in establishing relationships between customers and the organizations offering to the market.
What are the four P's of marketing? Price , Product , Place and Promotion.
What do you do on a marketing team? A marketing department promotes your business and drives sales of its products or services.
What is the distribution channel? A distribution channel can be as short as a direct transaction from the vendor to the consumer, or may include several interconnected intermediaries along the way such as wholesalers, distributors, agents and retailers.
Name four ways you can advertise/market your product. Social media , T.V , newspapers and radio.
What is a balance of trade? The difference in value between a company's imports and exports.
What is a niche market? A small, specialized market for a particular product or service.
Created by: mo2012.5556
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