Market

                                       

Marketing

                                           Market

Traditionally, a “market” was a physical place where buyers and sellers gathered to buy sell goods.

Economists describe a market as a collection of buyers and sellers who transact over a particular product or product class.

The five basic market are :

A) Resource Markets  

B) Government Markets 

   

C) Manufacturer Markets  

D) Intermediary Markets  

E) Consumer Markets   

Marketing 

The process by which companies create value for Customers and build strong customer relationships in order to capture value from customers in return