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3.00 Understand the role of Marketing in Business

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Presentation on theme: "3.00 Understand the role of Marketing in Business"— Presentation transcript:

1 3.00 Understand the role of Marketing in Business
3.01 Understand principles of marketing.

2 3.01 Marketing Principles The marketing process is:
The management process through which goods and services move from a concept or idea to the customer. It includes a variety of activities that are organized into functions. The classification of the 7 marketing functions are: Marketing-information management Product/service management Pricing Place (Distribution) Selling Financing Promotion

3 3.01 Marketing Functions On the following slides, complete each section with the function name, definition, graphic and sentence, for each of the 7 marketing functions. On the section marked “True to life in business, sentence:” create a high school level sentence using the word, in a true to life situation. Your sentence must be long (at least 15 words), contain adjectives, nouns, and business example. For the word financing, here is an excellent example: The Honda Jet company purchase 100 acres of land to build the new manufacturing facility, and obtained financing for the $10 million loan at BB&T bank. Here is a poor example (elementary level): “Honda got financing at the bank.”

4 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence (underline the function):

5 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence:

6 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence:

7 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence:

8 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence:

9 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence:

10 3.01 The 7 Marketing Functions
Function Name: Word here Definition (use or Intro to Business textbook: Graphic: True to life in business, sentence:

11 Directions: Identify the marketing function applicable to each area marked. (hint, not all 7 functions will be used on this diagram). Marketing-information management Product/service Pricing Place (Distribution) Selling Financing Promotion

12 Directions: Identify the marketing function applicable to each area marked. (hint, not all 7 functions will be used on this diagram). Marketing-information management Product/service Pricing Place (Distribution) Selling Financing Promotion

13 Submit your work 1. Let your teacher review your work.
2. Save this power point as: “PBF PowerPoint Project in your folder.


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