This is a very quick grasp of marketing field. It will help people from engineering background to understand the role of marketing in the business area.
3. PRODUCTS VS. SERVICES
- Products are tangibles, I pay for and own
forever.
- Services are intangibles that I get for a
period of time and don’t own it.
- Usually, products are supported by
services.
3
4. WHAT IS MARKETING ?
Marketing is the process of communicating a
product or a service to customers, with the
goal of selling this product or service.
4
Upselling & Cross-Selling