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Questions
Write any two differences between Marketing and Sales.
Give any five points of difference between marketing and sales.
Solution 1
S. No. | Basic of Distinction | Marketing | Selling |
1. | Meaning | Identifying and Satisfying wants. | Exchanging goods for money. |
2. | Orientation | Customer oriented, let the seller beware. | Production oriented, let the buyer beware. |
Solution 2
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. |
RELATED QUESTIONS
Marketing concentrates on ______.
Distinguish between Marketing and Selling.
Selling is internally oriented because it seeks to ______ profits through increased volume of sale.
______ begins before production and continues even after sale.
Selling is ______ and ______.
Which of the statements are not true for selling?
"Marketing is customer-oriented whereas selling is producer oriented." Explain.
Selling involves exchange of goods for money between the sellers and buyers. Selling focuses on the needs of seller, and the marketing, on the needs of the ______.
Marketing is a ______ term than selling.
Marketing is ______ oriented where as selling is ______ oriented.
The latest method of direct selling is ______.
Selling aims at ______.
The term Caveat emptor means ______.
Marketing is wide term than selling. Justify.