English

Distinguish between marketing and selling. - Commercial Applications

Advertisements
Advertisements

Questions

Distinguish between Marketing and Selling.

Distinguish clearly between marketing and sales.

Distinguish Between

Solution 1

  Basis of Distinction Marketing Selling
1. Scope Total system consisting of planning, pricing, promoting and distributing products. A part of marketing involving persuasion and directing flow of products to customers.
2. Beginning Begins much before goods are produced to understand the needs and preferences of consumers. Begins after the goods are produced.
3. End Continues even after sale so as to provide after-sale service and to judge reactions of consumers. Comes to an end with the delivery of goods to customers.
4. Orientation Customer-oriented, the aim being to satisfy the needs of buyers. Product-oriented, the aim being to satisfy the needs of the seller.
5. Focus On long-term growth and profitability of business. On short-term maximisation of profits.
6. Means used Integrated approach. Persuasion and promotion.
7. Objective Profits through customer satisfaction. Profits through sales volume.
8. Principle Caveat vendor - let the seller beware. Caveat emptor - let the buyer beware.

shaalaa.com

Solution 2

Basis of Distinction Marketing Selling
1. Meaning Identifying and satisfying wants. Exchanging goods for money.
2. Objective Ensuring growth and stability of the firm -  long-term goals. Maximising profits through increase in sales volume - Short-term goals.
3. Orientation Customer-oriented, let the seller beware. Production-oriented, let the buyer beware.
4. Scope Wider in scope includes selling. Narrow in scope part of marketing.
5. Beginning and end Begins before production and continues after sale. It begins after production and ends with a sale.
6. Focus  External; on customer's needs. Internal, on seller's needs.
7. Demand Involves creation and maintenance of demand. Presupposes the existence of demand.
8. Growth New and modern concept. Old and traditional concepts.
9. Approach Integrated approach for achieving long-term goals. Fragmented approach for immediate gain.
10. Process Converting customer's needs into products and services. Converting products and services into cash.
11. Nature of activity Philosophy and attitude. Routine and tactical.
shaalaa.com
Difference Between Marketing and Sales
  Is there an error in this question or solution?
Chapter 2: Marketing and Sales - EXERCISES [Page 25]

APPEARS IN

Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 3. | Page 25
Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 2. | Page 25
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
EXERCISES | Q 6. | Page 73
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
EXERCISES | Q 2. | Page 73
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
QUESTION BANK | Q 3. | Page 73
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 4 Sales and Selling Process
QUESTION BANK | Q 17. | Page 77
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×