7 functions of Marketing

Front

Deciding where and to whom products need to be sold in order to reach the final users.

Back

distribution

Front

Payment options are a part of the ___________ function.

Back

Financing

Front

Marketing research on customer preferences: MIM, PSM, Selling, Financing

Back

MIM

Front

Decisions about how much to charge for goods and services. Identify the price you would charge for your product.

Back

Pricing

Front

Ford  changed the body style of the Mustang to give it a more retro look and a sleeker overall design. This is an example of the  _________ function.

Back

PSM

Front

To inform, persuade, or remind customers about your product. Television, radio, print and online media are used to promote company’s products.

Back

Promotion

Front

Providing customers with goods and services they want

Back

Promotion