Components of Marketing

Concepts, Types and Characteristics of Market

Components of Marketing

Concepts, Types and Characteristics of Market

The various concepts of marketing are:

  1. Place Concept
  2. Commo...}

Customers-Concept and Classification of buyers

Components of Marketing

Customers-Concept and Classification of buyers

  1. Buyers are the central point whatever the activities are performed in the market.
  2. ...}

Buying Process of Individual Buyers and Institutional Buyers

Components of Marketing

Buying Process of Individual Buyers and Institutional Buyers

  1. The customers who buy goods or services for their daily domestic use are called non-Institu...}

Factors affecting Individuals Buying Decisions

Components of Marketing

Factors affecting Individuals Buying Decisions

  1. Economic factor directly affects consumers behavior. 
  2. Culture is a set of bas...}

Factors affecting Institutional Buyers Decision

Components of Marketing

Factors affecting Institutional Buyers Decision

  1. Environmental factors include economic, technological, political , legal , social ...}

Concept of Needs, Wants and Demands in Marketing

Components of Marketing

Concept of Needs, Wants and Demands in Marketing

  1. Needs are a state of self-deprivation in an individual. 
  2. Wants are desires fo...}

The Marketing Process

Components of Marketing

The Marketing Process

  1. The first step in the marketing process is to locate the market opportunities.
  2. The...}