10 Marketing Activities

Question 1

What are the 10 Marketing Activities?

Answer 1

Market research
Product development
Packaging
Pricing
Branding
Sales
Physical distribution
Inventory management
Storage
Promotion

Question 2

Market research

Answer 2

Gathering info on consumers preferences, habits, lifestyle and competing products or services. ex: taste test

Question 3

Product development

Answer 3

Creating a product that meets the needs of the consumer, can be delivered on time, and is competitively priced

Question 4

Packaging

Answer 4

Developing innovative and striking packages for products, while providing the necessary protection and satisfying consumer experience

Question 5

Pricing

Answer 5

Determining the best price for the product (not necessarily the lowest price)

Question 6

Branding

Answer 6

A product’s name, logo, Slogan, and package design can be used to create or maintain a unique brand identity

Question 7

Sales

Answer 7

Determining how and where to sell the product or service

Question 8

Physical distribution

Answer 8

Getting the product or service to the customer efficiently and inexpensively

Question 9

Inventory management

Answer 9

Manage inventory so that they have enough to satisfy customer needs, and avoid having more products that they can sell

Question 10

Storage

Answer 10

Marketing management arranges and maintains a space or storage facility to house products until they are needed for consumption or sale

Question 11

Promotion

Answer 11

How to efficiently create awareness of the product to the consumer