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The 7 Functions of Marketing

Published on Nov 20, 2015

The 7 Functions of Marketing - all spelled out with nifty graphics.

PRESENTATION OUTLINE

The 7 Functions

of Marketing
Photo by Tax Credits

Distribution

From Here to There
Determining the best ways for customers to locate, obtain, and use the products and services of an organization. Involves moving the product each step from the deign idea to the consumer.
Photo by ecstaticist

Selling

What do you need Today?
Communicating directly with potential customers to determine and satisfy their needs.
Photo by olivcris

Promoting

Shout Out
Communicating with customers about the product to achieve the desired result--customer demand for and purchase of the product. Includes advertising, personal selling, publicity, and public relations.

Pricing

Whatcha Got in your Wallet?
Setting and communicating the value of products and services. Setting the price at the right level.
Photo by miuenski

Financing

How can we pay for this?
Budgeting for marketing activities, obtaining the necessary funds needed for operations, and providing financial assistance to customers so they can purchase the business products and service.
Photo by Alan Cleaver

MARKETING INFORMATION MANAGEMENT
know your numbers!

Obtaining, managing, and using information about what customers want to improve business decision making, performance of marketing activities, and determining what will sell.

PRODUCT/SERVICE
MANAGEMENT
what can we make better?

Designing, developing, maintaining, improving, and acquiring products and services that meet consumer needs

Target Market

Who will Like Your Product?
Photo by Gulfu

Know Them

Use them - Love them
Photo by @jackeliiine