Business markets
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Transcript Business markets
Doc. Dr. Ing. Elena Horská
Slovak University of Agriculture in Nitra
Faculty of Economics and Management
Marketing
Introduction
Global marketing opportunities and
threats:
Opportunities:
– Increase in market potential
– Trade and investment potential
– Resources accessibility
Threats:
– Increasing number of competitors
– Increase in intensity of competition coupled with higher
market uncertainty
Marketing is everywhere
Formally or informally, people and
organizations engage in a vast number
of activities that we could call marketing.
Good marketing has become an
increasingly vital ingredient for business
success. And marketing affects our dayto-day lives.
Marketing is ....
About identifying and meeting human
and social needs
A social process by which individuals
and groups obtain what they need and
want through creating, offering and
freely exchanging products and services
of value with others (social definition)
Markets
Customer markets: companies selling
mass consumer goods and services
Business markets: companies selling
business good and services to business
buyers. They buy goods in order to
make or resell a product to others at a
profit.