7 functions of marketing

Making decisions about where to sell products, how to get them there, and how to store them.

• Service management

• Pricing

• Distribution

• Product

Requires designing, developing, and modifying the product or service to meet the customers’ ever-changing needs. 

• Distribution

• Product/Service management

• Promotion

• Changing

Pricing is deciding how much to ​ (a)   for goods and services

• charge
• Spend

Pricing:

Affected by competition and.....​ (a)  

• Supply and demand
• Quantity
• Size
• Color

Advertising is an example of...?

• Pricing

• Distribution

• Color

• Promotion

What is promotion?

• Designing of a product to appeal to consumers

• Communication used to inform consumers of product

• Figuring out how to get product to consumers overseas

• Telling consumers how product fulfills their needs

Nike adding a billboard ad in Time Square is an example of?

Selling involves ​ (a)   customers to buy a product or service

• motivating
• descouraging
• yelling at customers

Face to face conversation about a customer's needs and wants in order to sell them a product.

• Conversating

• Selling

• Personal selling

• Persuading

A sales associate at The Men’s Warehouse helps a young college graduate choose the right suit for his first job interview

• Distribution

• Forcing

• Selling

• Business to consumer