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Through market research

Square.

Importance of functional areas

Promotion .

Activities through which the product is made known, such as: advertising, promotion, sales and public relations

It is a technique that uses statistical sampling, the survey, observation, and interview

Set of tangible and intangible characteristics: container, packaging, brand, label, the product itself

strategic marketing planning, market analysis and segmentation

activities carried out in the marketing area are

Product

Amount of money that consumers have to pay for the product, to set it four factors are taken into account: Demand, market share, competition, costs

Means through which the product is delivered to the consumer: logistics, distribution channels and positioning

They allow greater efficiency and effectiveness promoted by specialization, which does not allow duplication of efforts to exist and facilitates the optimization of resources.

One factor for these functions to begin to operate within companies is

is managed comprehensively

"the set of activities aimed at creating, promoting, distributing and selling goods and services at the most appropriate time and place, and with the required quality"

aspects related to the current situation of the product are determined

Market research

is the set of stages through which marketing is carried out

its growth

The marketing management process

Marketing administration

Price .

Marketing can be defined according to Münch