Explanation should include the following marketing functions and their application to business:
- Distribution
- Financing
- Marketing information management
- Pricing
- Selling
- Promotion
- Product/service management
Explanation should include how these functions occur online.
Process/Skill Questions:
- What are the similarities and differences between marketing goods and marketing services?
- How have the marketing functions changed with the introduction of the Internet?
- How do the functions of marketing affect the success of a business?
- How is social media used to promote designers? Retailers?
- What effect has the Internet had on the pricing of fashion products?
- How do fashion retailers use technology to gather information about consumers?