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What is the relation between market and marketing ?

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تم إضافة السؤال من قبل Hany Khalil , Business Manager, MEATI Operations/- Sustainability & Process Improvements , Bait Al Nokhada Tents & Fabric Shade LLC
تاريخ النشر: 2014/07/31
zafar abbas minhas
من قبل zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

MARKET IS THE PLAYING GROUND......... MARKETING IS THE ART TO KNOW HOW TO PLAY & WINN.

IRPHAN GHANI
من قبل IRPHAN GHANI , Senior Management , A

Marketing is a process whereby people obtain what they need and want through creating and exchanging products and value with others OR customers satisfaction of need and want at a profit.

Market is a place where buyers and sellers meet.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

SMART ANSWERS BY Mr. ZAFAR & Mr. GHANI, NO NEED TO ADD ANYTHING.

Umesh Nair
من قبل Umesh Nair , Sales Manager , Muna Noor Manufacturing & Trading LLC

I would like to add to what Mr.Ghani said. In order to call a place(physical/virtual) a market buyers & sellers should not only meet but make meaningful exchanges as well. In ancient times when there was no currency(printed notes & coins) people used to exchange stuff they do not want or have excess of in return for something else they want. In modern market places we can give currency in exchange for whatever product/service we want.

 

Marketing is a very broad term for the actions employed by the sellers in any market to have the end result of exchanging their product/service offering in return for currency or other benefits. Recommend that you read "Marketing Management" by Philip Kotler if you are interested in learning more about Marketing.

 

 

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