Difference between marketing sales and advertising

Question

Accepted Answer

Marketing involves identifying customer needs and creating products to satisfy them. Sales involves selling those products to customers. Advertising involves promoting those products to potential customers.

Marketing is the process of identifying customer needs and creating products to satisfy them.
Sales is the process of selling those products to customers.
Advertising is the process of promoting those products to potential customers.
Marketing is a broader term that encompasses sales and advertising.
Sales and advertising are subsets of marketing.
Marketing involves market research, product development, pricing, and distribution.
Sales involves building relationships with customers, identifying their needs, and closing deals.
Advertising involves creating and delivering messages to potential customers through various channels such as TV, radio, print, and digital media.
Example: A company identifies a need for a new type of smartphone and develops a product to meet that need. They then sell the product to customers through various channels such as online, retail stores, and direct sales. Finally, they advertise the product through TV commercials, online ads, and social media to attract potential customers.
Example: A hospital identifies a need for a new cancer treatment and develops a treatment plan. They then sell the treatment to patients through various channels such as referrals, insurance, and direct payment. Finally, they advertise the treatment through TV commercials, online ads, and social media to attract potential patients.

Difference between marketing sales and advertising

Top Welkinz Organisation Business Associate interview questions & answers

Popular interview questions of Business Associate

Top HR questions asked in Welkinz Organisation Business Associate