Evolution of marketing can be studied by dividing them into different stages according to their periond of development and research. Here, the evolution of market can be studied in seven different stages. Stages of evolution of market are self-sufficient stage, exchange oriented stage, production oriented stage, sales oriented stage, marketing oriented stage, consumers oriented stage and management oriented stage. In self-sufficient...
Posted by kumar gautam Saturday, February 27, 2010 1 comments
There are different types of market. Among them major types of market can be classified on the basis of the following features:1. Geography Basisa. Local Marketb. Regional Marketc. National Marketd. International Market2. Volume Basisa. Wholesale Marketb. Retail Market3. Delivery Basisa. Spot Marketb. Future Market4. Control Basisa. Regulated Marketb. Unregulated Market5. Nature Basisa. Commodity Marketb. Capital Marketc. Service Market6....
Posted by kumar gautam Monday, February 22, 2010 7 comments
The major concepts of market can be classified into three parts. They are as follows:1. Place concept2. Area concept3. Demand concept1. Place concept: Under this concept, a market is a convenient meeting place for buyers and sellers to gather together in order to conduct buying and selling activities. It is very common and narrow concept. A place concept of market where buyers and sellers meet together to perform...
Posted by kumar gautam 6 comments
In simple word, market is a place where buyers and sellers gather together to buy or sell goods. They gather together to buy or sell goods that supports to fulfill the needs and demands according to their tastes and preferences.The word market is derived from the Latin word MARCATUS which means merchandising, trade or a place where business is conducted. It means, market is a place or locality where things are bought and sold and buyers...
Posted by kumar gautam 0 comments

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