This document provides an overview of key concepts in marketing management including:
1) Definitions of market, marketing, and marketing management. It also classifies markets based on geographical area, subject matter, mode of transactions, regulation, time, nature of competition, volume of business, and position of sellers.
2) Approaches to studying marketing including product/commodity, institutional, functional, management/decision-making, systems, and social approaches.
3) Marketing concepts including production, product, selling, marketing, and social marketing concepts.
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2nd & 4th sem BBA marketing management session 1 (1)
1. By
ASHA S KUTTY
Asst. Professor
MD College, Pazhanji
Thrissur
MARKETING MANAGEMENT
4th & 2nd Sem BBA
University of Calicut
2. Module I-Marketing: An Introduction
Definition Market, Marketing and Marketing Management
Classification of markets
Approaches to study of marketing
Marketing Concepts
Modern Marketing
Types of Marketing
Marketing Mix
Marketing Environment
Service Marketing
4. Classification of Markets
I. On the basis of geographical area
Family market, Local market, National market, International/ World Market
II. On the basis of subject matter of sale
Commodity Market: Produce Exchange Market, Manufactured Goods Market,
Bullion Market
Capital Market: Capital Market Proper, Money Market, Stock Market, Foreign
Exchange Market
Service Market
III. On the basis of mode of transaction: Spot Market, Future Market
IV. On the basis of regulation: Regulated Market, Unregulated Market
5. Classification of Markets
V. On the basis of time
Very short period Market, Short period Market, Long period Market
VI. On the basis of nature of Competition
Perfect Market, Imperfect Market, Monopoly Market
VII. On the basis of volume of business
Wholesale Market, Retail Market
VIII. On the basis of position of Sellers
Primary Market, Secondary Market, Terminal Market
6. Approaches to study of marketing
Product/ Commodity Approach
Institutional Approach
Functional Approach
Management/ Decision Making Approach
Systems Approach
Social Approach