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Question
Differentiate between the traditional concept of marketing and the modem concept of marketing.
Solution
Basis of Difference | Traditional Marketing | Modern Marketing |
Complexity | The traditional market is not complex. | Modern marketing is a complex thing. |
Distribution Channels | Less distribution channels. | More and more distribution channels of marketing are coming up. |
Movement of the Purchaser | Consumers have to visit the market place for purchasing the products. | Consumers don’t need to visit the supermarkets. They can place orders over the internet and have the goods delivered to their homes. |
Middlemen | Traditional marketing depends on the services of middlemen. | Modem marketing does not depend on the services of the middlemen. |
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