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Marketing

Question

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Distinguish between Advertising and Personal Selling on the basis of Flexibility, Area and Cost.

Solution

Basis of Difference	Advertising	Personal Selling
(i) Flexibility	It lacks flexibility.	It is completely flexible.
(if) Reach	Through its medium the message can be carried to numerous people at the same time.	Through this medium the message is conveyed to a single person or a group of persons at a time.
(III) Cost	It is a relatively less costly method.	This is a more costly method.

Some More Questions From Marketing Chapter

What is meant by ‘Selling Concept’ of marketing?

Distinguish between the product concept and production concept of marketing.

Or

Distinguish between the concepts ‘product’ and ‘production’ in Marketing keeping following as the base: (i) Focus (ii) Means (iii) Ends.

Mansi, a shoe manufacturer for school students, decided to maximise her profit by producing and distributing at large scale and thereby reducing the average cost of production.
(i) Identify the Marketing Management philosophy adopted by Mansi.

(ii) Explain this philosophy on the basis of

(a) Main Focus

(b) Means and Ends

Nisha a school bag manufacturer decided to improve the product for profit maximisation and thus added a water bottle holder to the existing design.
(i) Identify the Marketing Management philosophy adopted by Nisha and

(ii) Explain this philosophy on the basis of

(a) Main Focus

(b) Means and Ends

Jasdeep, a dealer in school uniforms, decided to maximise his profit by using different aggressive promotional efforts.
(i) Identify the Marketing Management philosophy adopted by Jasdeep.

(ii) Explain this philosophy on the basis of

(a) Main Focus

(b) Means and Ends

As per modern view what is market?

What is meant by customer?

What is meant by marketeer?

What are the two main types of marketeer?

What is meant by ‘Need’?

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