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Mindmap

Marketing Functions

Taryn Francis-Boyd Business Studies CAPS Englisch

Inhalt der Mindmap

Marketing Functions

  1. Marketing Activities

    • locate the consumer
      • market research
        • spending power of the consumer
        • preferences of the consumer
        • consumers willingness to spend
        • demographics of the consumer
    • standardisation and grading
      • uniform set of criteria
      • classifying agricultural products
    • storage
      • stored until consumed or dispatched
        • intermediaries
        • retailers
        • wholesalers
      • perishables are store for a limited time period
    • financing
      • made available for marketing and insurance
      • aims to recover money spent
    • risk bearing (insurance)
      • responsibilities
        • the moment enterprise takes ownership
        • enterprise carries the risk
          • fire damage
          • theft
          • perished
        • relinquished once product has been sold
          • intermediaries
          • retailers
          • wholesalers
    • transport
      • from storage to
        • intermediaries
        • retailers
        • wholesalers
      • methods
        • road
        • railway
        • air
        • sea
      • factors
        • speed
        • cost
        • safety
    • buying and selling
      • goods production vs purchase and sale of finished products
      • produced goods require raw materials
      • other costs
        • maintenance
        • water and electricity
        • marketing services
      • goods must be sold, if not goods may become obsolete or perish
  2. Product Policy

    • Goods and services
      • Goods
        • bread
        • toothpaste
        • clothing
      • Services
        • dental services
        • Hair styling services
        • internet services
    • Product development and design
    • packaging
    • Trademarks

Informationen

Beschreibung
Marketing Function comprises of four policy instrument: the product policy, the pricing policy, the distribution policy. These four policy instruments are known as the four P's: Product, Price, Place and Promotion
Erstellt von
Taryn Francis-Boyd
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