MARKETING |
SELLING |
It is
satisfying needs and wants through an exchange process |
Selling only involves exchange of money for goods or service or an
effort to execute the exchange process |
Marketing starts before decision of production of goods or
services. |
Selling starts after decision of production of goods or services |
Marketing accords importance to satisfaction of consumers’ wants effectively |
Selling emphasizes on sale of products and stresses needs of
seller |
Marketing has to take into consideration both the internal and
external factors of the business |
Selling is concerned with the internal factors like production and
distribution of goods. |
Marketing
is a wider term, which includes selling, advertising, customer service and
also the distribution of goods. |
Selling
is the part of marketing and thus it is not a comprehensive term. |
It is an integrated approach that utilizes various functional
areas of business in order to achieve the long-term objectives of business.
Emphasizes on adopting future technology. |
It is short-run-oriented and focuses on today’s products and
markets. It emphasizes on staying with existing technology and reducing
costs. |
DIFFERENCE BETWEEN MARKETING AND SELLING
The
early stages of the growth of marketing disciplines were considered as
selling and no distinction was made between the two terms ‘Marketing’ and
‘Selling’. Some business managers would say that marketing was advertising. It
is true that selling and advertising are parts of marketing. Marketing is much
more than selling and advertising. Many organizations are involved in
developing marketing activities to satisfy the needs of various groups of
customers. Very many new concepts like Network marketing, Relationship
marketing, Direct marketing are developed and are implemented to reach as many
consumers as possible, through them. Satisfying the consumer is the main mantra in today’s marketing activity.
With the development of new markets and new avenues of selling, a wide variety
of consumer and producer goods have been designed and developed and for many
marketing has become a good profession.
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