Question

In: Operations Management

3) What is the difference between selling and marketing? Explain briefly.

3) What is the difference between selling and marketing? Explain briefly.

Solutions

Expert Solution

Answer: - Selling - Selling is an exchange where cash is traded for a product or service. During a business arrangement, the dealer attemptto persuade or "sell" the purchaser on the advantages of their offer. In the event that the purchaser wishes to strike an arrangement, they will give the merchant an agreed amount in return for the dealer's item/service. Set forth plainly, selling is the demonstration of convincing.

Marketing - Marketing alludes to exercises an organization attempts to advance the purchasing or selling of an item or service. Marketing incorporates publicizing, selling, and conveying items to shoppers or different organizations. It includes discovering what customers need and deciding if it is conceivable to create it at the correct cost. The organization at that point makes and sells it.

Numerous individuals regularly utilize the words 'marketing' and 'selling' as equivalent words. Actually, these two terms have various implications in promoting marketing management.

Selling is an activity which changes over the item into money, yet marketing is the way toward meeting and fulfilling the client needs. Marketing comprises of every one of those exercises that are related to item arranging, evaluating, advancing and distributing the item or service. Selling focuses on the vender needs though promoting focuses on the necessities of the purchaser.

Selling is the cutting-edge rendition of Exchange under the barter framework. At the point when the emphasis is on selling, the organization the board believes that after the creation of the item has been finished. It is the assignment of the business division to sell whatever the creation office has fabricated. Forceful deals techniques are defended to this objective and the client's genuine needs and fulfilment on for allowed.

Difference in-between selling and marketing is: -

S.no

Selling

Marketing

1

Importance on the product.

Importance on the client needs.

2

Company first makes the item and afterward makes sense of how to sell it.

Company first decides client needs and afterward makes sense of to make it.

3

Management focuses on sales volume-orientation.

Management focuses on profit orientation.

4

Profit through Sales Volume.

Profits through Customer Satisfaction.

5

Planning is short-run-situated, with respect to today items and markets.

Planning is for quite some time run arranged in regards to new items, tomorrow's business sectors, and future development.

6

Let the purchaser be aware.

Let the vender know.

7

Product first then customer.

Customer first then the item.


Related Solutions

What is the difference between AIS and MIS. Briefly explain?
What is the difference between AIS and MIS. Briefly explain?
3. Briefly explain the difference between external and internal economies of scale. Why is it that...
3. Briefly explain the difference between external and internal economies of scale. Why is it that if an industry is operating under conditions of internal scale economies then we cannot have perfect competition? 4. State one factor which may lead to external economies of scale.
a)(5%) Briefly explain the difference between hardness and hardenability.b)(5%) What is the main difference between eutectic,...
a)(5%) Briefly explain the difference between hardness and hardenability.b)(5%) What is the main difference between eutectic, eutectoid and peritectic reactions? c)(10%) A cylindrical piece of 5140 steel heated to γ region and OQ. If the hardness at the surface must be ≥ 35HRC, what is the maximum allowable dia.? Explain.
What the difference between? Marketing And Advertising
What the difference between? Marketing And Advertising
Explain briefly the difference between the isotonic and isoismotic solutions.
Explain briefly the difference between the isotonic and isoismotic solutions.
What is the difference between selling on account versus cash?
What is the difference between selling on account versus cash?
Briefly explain the following concepts. a. What is the difference between “variable” and “random variable”? b....
Briefly explain the following concepts. a. What is the difference between “variable” and “random variable”? b. Give two real life examples, one would be appropriate for binomial distribution and the other would for Poisson distribution. c. Explain why binomial distribution is related to the selection of “with replacement” NOT “without replacement”. d. In what situation normal probability rule can be used to obtain binomial probability? How would you evaluate the appropriateness of this rule?
What is the difference between toxic hunger and true hunger? Briefly explain why everyone is a...
What is the difference between toxic hunger and true hunger? Briefly explain why everyone is a food addict? What are the symptoms of true hunger? Why do people feel sick temporarily after giving up a toxic diet and how is this related to inflammation? Briefly explain why people argue that diets fail. What is the problem with high-protein diets? What does the author state comprises a diet of nutritional excellence?
1. What is a divestiture? (2) 2. Briefly explain the difference between a spin-off and a...
1. What is a divestiture? (2) 2. Briefly explain the difference between a spin-off and a carve-out. (4) 3. Briefly explain bankruptcy costs(4)
Briefly explain how the market for indentured servants in Jamestown evolved. What was the difference between...
Briefly explain how the market for indentured servants in Jamestown evolved. What was the difference between indenturedservants and redemptioners? Upon what characteristics were terms of indenture decided?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT