#1
13th April 2016, 01:04 PM
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MBA Difference Between Marketing And Selling
Sir I am an MBA students and I want to know that what is the difference between the marketing and selling as I am little confuse between them
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#2
13th April 2016, 01:05 PM
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Re: MBA Difference Between Marketing And Selling
Hey buddy selling is an integral part of the marketing and marketing includes many terms like product , promotion , pricing , distribution Selling Planning is short-run-oriented in terms of today’s products and markets Stresses needs of seller Views business as a good producing process Emphasis on staying with existing technology and reducing costs Emphasis is on the product Company Manufactures the product first Management is sales volume oriented Different departments work as in a highly separate water tight compartments Cost determines Price Selling views customer as a last link in business Marketing Stresses needs and wants of buyers Views business as consumer producing process sat¬isfying process Emphasis on innovation on every existing technol¬ogy and reducing every sphere, on providing better costs value to the customer by adopting a superior technology All departments of the business integrated manner, the sole purpose being generation of consumer satisfaction Consumer determine price, price determines cost Marketing views the customer last link in business as the very purpose of the business Emphasis on consumer needs wants Company first determines customers needs and wants and then decides out how to deliver a product to satisfy these wants Management is profit oriented Planning is long-run-oriented in today’s products and terms of new products, tomorrow’s markets and future growth |