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The first purpose of marketing is to create demand for goods and services. Why? - Commercial Studies

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प्रश्न

The first purpose of marketing is to create demand for goods and services. Why?

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उत्तर

A business firm can sell goods and services only when customers are willing to buy them. Therefore, the first purpose of marketing is to create demand for goods and services. For this purpose, marketing finds out customers' needs and preferences. Then, advertising, personal selling, sales promotion, and other methods are used to create demand and persuade customers to buy.

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Objectives of Marketing
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Marketing and Sales - QUESTION BANK [पृष्ठ २६]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
पाठ 2 Marketing and Sales
QUESTION BANK | Q 4. | पृष्ठ २६
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