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Marketing Goods and Services

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Presentation on theme: "Marketing Goods and Services"— Presentation transcript:

1 Marketing Goods and Services

2 Marketing

3 9 Functions of Marketing
Product/Service Planning Purchasing Financing Distribution (Place) Pricing Risk Management Marketing Information Management Promotion Selling

4 Product/Service Planning
Assist in the Design and Development of Products and Services. Picture retrieved Oct. 25, 2011 from

5 Purchasing Determine the needs of the organization. Identify the best sources to obtain needed products and services Picture retrieved 10/25/11 from

6 Financing Budgeting and obtaining necessary financing for the business. Providing customers with financial assistance Retrieved 10/25/11 from Retrieved 10/25/11 from

7 Distribution (Place) Determine the best ways to get the product or service to potential customers. Picture retrieved 10/25/11 from

8 Pricing Establish and communicate the value of goods and services to potential customers. Pictured retrieved 10/25/11 from

9 Risk Management Providing security and safety for products, personnel, and customers. Reduce the risk associated with marketing decisions and activities.

10 Marketing Information Management
Obtaining, managing, and using market information to improve decision making and the performance of marketing activities. Focus Group Picture retrieved 10/25/11 from

11 Promotion Promotion Selection
Communicating information to prospective customers through promotional methods encouraging customers to take action. Promotion Selection

12 Selling Direct personal communications with prospective customers assessing their needs and wants and working to satisfy them.


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