The 7 Functions of Marketing

Front

Name that function: Planning ways to cover cost and reach the desired profit margin.

Back

Financing

Front

Name that function: Gathering information about what consumers want in order to make informed business decisions.

Back

Marketing Information Management

Front

Name that function: Designing, producing, maintaining, and improving products or services to meet changing needs and wants.

Back

Product/Service Management

Front

Name that function: Moving products from the producer to the consumer.

Back

distribution

Front

Name that function: Reminding customers about your products through advertising activities such as social media marketing, commercials and billboards.

Back

promotion

Front

Name that function: What the consumer pays based on expenses, consumer demand and profit margin.

Back

pricing

Front

Name that function: One on one contact to help customers make informed business decisions.

Back

selling

Front

Name that function: Collecting surveys from college campuses on fashion likes and dislikes.

Back

marketing information management

Front

Name that function: Ending amount charged with .99 to give the illusion of savings while still maintaining profit margins.

Back

Pricing

Front

Name that function: Negotiating payment terms with textile companies to allow for more time to pay for the goods you purchase.

Back

Financing