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Marketing management

       Module 1
What is a market?
• The whole of any region in which buyers and
  sellers are brought into contact with one
  another and by means of which the prices of
  the goods tend to be equalized easily and
  quickly.
Classification of markets
• Traditional markets
• Modern markets
Traditional markets

•   On the basis of area
•   On the basis of time
•   Transactions
•   On the basis of regulation
•   On the basis of volume of business
•   Nature of goods
•   Nature of competition
Modern markets
•   Consumer markets
•   Business markets
•   Global markets
•   Non-profit and government markets.
What is marketing?




• Marketing is a social and marketing process
  by which individuals and groups obtain what
  they need and want through creating and
  exchanging of products and value.
  Philip kotler
Basic characteristic of marketing
•   It is operational
•   It is customer oriented
•   It is mutuality of benefits
•   It is value driven
•   It is proactive to the environment
•   It covers both profit and non-profit making
    organization.

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Marketing management

  • 2. What is a market? • The whole of any region in which buyers and sellers are brought into contact with one another and by means of which the prices of the goods tend to be equalized easily and quickly.
  • 3. Classification of markets • Traditional markets • Modern markets
  • 4. Traditional markets • On the basis of area • On the basis of time • Transactions • On the basis of regulation • On the basis of volume of business • Nature of goods • Nature of competition
  • 5. Modern markets • Consumer markets • Business markets • Global markets • Non-profit and government markets.
  • 6. What is marketing? • Marketing is a social and marketing process by which individuals and groups obtain what they need and want through creating and exchanging of products and value. Philip kotler
  • 7. Basic characteristic of marketing • It is operational • It is customer oriented • It is mutuality of benefits • It is value driven • It is proactive to the environment • It covers both profit and non-profit making organization.