Question

Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.

Answer 1

Answer:

look below

Explanation:

Marketing is important to every small business, helping companies increase revenue and profit by meeting customers’ needs effectively. Although one person or one department is generally responsible for managing the seven functions of marketing, it’s important for all employees to understand customer needs so they can develop the right products and provide the highest standards of customer service.

Answer 2

The 7 elements of advertising are advancement, selling, item/administration the executives, promoting data the board, estimating, funding and appropriation.

The seven marketing functions:

• Understanding the center elements of advertising can assist you with better centering your endeavors and methodologies to help your business.
• A showcasing capability is a particular movement acted in promoting.
• A promoting capability is important to assume merchandise from the position of beginning to the spot of utilization.
• Accordingly, it is a demonstration or activity or administration to interface the first maker and a definitive buyer.

A few examples:

• Teaming up with different groups in your association readies your whole organization to deliver an item, create thoughts for dissemination and convey items flawlessly.
• Pricing: on the off chance that you sell a purse for $1,000, you could showcase it as an extravagance thing.
• This underlines your item's worth, which could persuade clients to buy your thing.
• Managing the social media management: if your group needs to quantify the viability of your last virtual entertainment crusade, you could investigate the quantity of supporters that your image's records acquired during the mission.
• This can assist us with deciding if your endeavors prevailed with regards to expanding virtual entertainment commitment.

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