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प्रश्न
What is need for the market and explain the concept of marketing?
उत्तर
The market is needed for the producers and consumers. For this there are various concepts:
- The products produced are to be marketed in the market for sales.
- First, create a consumer and then create products.
- Keep respect and love customers than the products.
- The customer is the king of the business.
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संबंधित प्रश्न
Nishtha, Vasvi and Radhika were friends from college time and now they are engaged in different types of businesses. They regularly meet and discuss their business ideas, exchange notes on customer satisfaction, marketing efforts, product designing, selling techniques and social concerns, etc.
Nishtha drew the attention of her friends towards the exploitation of consumers in the market. She said that the sellers were exploiting the consumes in many ways and were not paying attention towards the social, ethical and ecological aspects of marketing. Vasvi said that they were under pressure of consumer satisfaction but observed that the consumers would not buy or not buy enough unless they are adequately convinced and motivated to do the same
Radhika stressed that it was the duty of the businessmen to keep consumer satisfaction in mind because business was run by the resources made available by the society. Thus, a company cannot achieve its objectives without understanding the needs of the customers. The thinking of the three friends was different. These thinkings were guiding the marketing efforts of their business and were known by the different name. Identify these names. Also, state one more feature of each of these thinkings.
List five shopping products purchased by you or your family during the last few months.
What is marketing concept? How does it help in the effective marketing of goods and services.
What is the market? Explain the meaning of the capital market and money market.
The term market is derived from the ______ word ‘Mercatus’.
Match the pairs.
Group A | Group B | ||
A) | Market | 1) | Single Seller |
B) | Registered brands | 2) | Stock Market |
C) | Monopoly | 3) | Distinct Name |
D) | Branding | 4) | Mercatus |
E) | Digital Marketing | 5) | Single Buyer |
6) | lSI | ||
7) | Trademark | ||
8) | Use of traditional media | ||
9) | Multiple sellers | ||
10) | Use of digital media |
The area concept of market is related to exchange concept.
A person feeling hungry may get food by offering to give money or some other product or service in return to someone who is willing to accept the same for food. The important feature of marketing illustrated above is ______.
Explain the following function of marketing:
Grading
Find the odd one: