7 functions

Question 1

Promotion

Answer 1

the process if sharing knowledge about a brand, product, or service through multiple marketing channels to increase brand awareness.

Question 2

Selling

Answer 2

the strategic process of persuading potential customers to purchase a product or service by effectively communicating its value propostion and meeting their needs.

Question 3

Product

Answer 3

the process of bringing a product to market, promoting it, and selling it to a customer.

Question 4

Marketing information mangement

Answer 4

the act of compiling, organizing, storing, analyzing, and reporting analytics based on marketing information and data

Question 5

Pricing

Answer 5

a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Question 6

Financing

Answer 6

there are a variety of ways to finance marketing efforts. the most common is through advertising and marketing budgets.

Question 7

distrubtion

Answer 7

the way firms make their products and services available to consumers.