Marketing refers to the process of market research for the product, creation of the product, price, supply, proportion to the customer feedback & services
Definition Of Horizontal Marketing System Horizontal marketing system refers to the act where two or more companies unrelated to one another standing at the same level come together to take the advantage of the economies of scale. Usually, this method of marketing system is opted by the companies who either want to grow or lack human … Read more
Overview Explain the various elements of the marketing process, is a statement that depicts the steps involved for successful marketing and gives an overall glimpse of all the terms. However, a few things must be studied before talking about the same. Marketing Process Steps Marketing is all about creating value for consumers and building relationships … Read more
What is the market test? In the world of advertising and business, a market test can be defined as a short-term geographical area or demographic grouping used to evaluate the profitability of a particular product or service in a specific market before a broad scale roll-out. This enables businesses to plan their: pricing marketing strategy … Read more
Supply Chain Definition Objectives of Supply Chain management can be deeply understood after discussing the main concepts. However, supply chain management is termed as managing the flow of products and services that starts from origin and finishes with the product’s consumption by the customer. It further includes the movement/transport and storage of goods like raw … Read more
Introduction to product hierarchy example Product hierarchy example is a part of marketing that explains how a product can be categorized using different tools. Knowledge of what happens under this head, we will start with the basic terms to get in-depth knowledge. What is the product? A product is any tangible object which can be … Read more