A | B |
Product/service mgmt | designing, developming, maintaining, improving and acquiring products or services so they meet the customer needs |
Distribution | getting the product into the hands of the consumer |
Selling | direct and personal communication with customers to improve business decision making |
Marketing/Info Mgmt | gathering and using information about customers to improve business decision making |
Financing | company budget for business/marketing efforts; providing a way to pay for something |
Pricing | the process of establishing and communicating vaules or cost of goods |
Promotion | using advertising to communicate information about products |
tangible | something you can touch |
intangible | something you cannot touch |
marketing | process of developing, distributing, promoting products, goods or services, to satisfy customers needs and wants |