The three main types of consumer goods are:
- durable goods
- nondurable goods
- services.
Marketing can be regarded as the activity as well as set of institutions, which helps in the establishment of communicating between consumers and manufacturer.
The four basic ideas that combine to represent marketing are:
- product
- price
- place
- promotion
The relationship between marketing and the economy is that economy can impact marketers so as to push their products to consumers.
<h3>What is marketing?</h3>
Marketing can be regarded as the activity as well as set of institutions, which helps in the establishment of communicating, as well as delivering of value for customers.
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