What is the difference between Sales, Marketing & Promotion

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ISTTMpooja326
Posts: 109
Joined: Fri May 02, 2014 6:46 pm

Re: What is the difference between Sales, Marketing & Promot

#1 Postby ISTTMpooja326 » Fri Jun 13, 2014 10:07 am

Sales , marketing and promotion all these three are related to each other dependent upon each other. Every organization depends upon these to maximize their sales of product and service.

Sales: sales is the process of direct interacting with customers to match the requirements of customers with the company products and exchange of goods for money.

Marketing: marketing is the process of making potential customer and clients to be interested in company products or service.
Customer will be interested in your product or service depending upon the marketing mix.
marketing mix is the combination of 4p's. they are:
product
price
place
promotion.

Promotion: promotion is the part of marketing. It is defined as the publicization of product, organization or venture to increase the sales or public awareness.
Promotion can be done like
Advertising
offering attractive discounts
campaigns
events etc.,.

Priya16
Posts: 143
Joined: Tue Apr 22, 2014 6:40 pm

Re: What is the difference between Sales, Marketing & Promot

#2 Postby Priya16 » Thu May 29, 2014 10:44 am

Sales, Marketing and promotion are all different. But however, these terms are used interchangeably. Marketing is all about getting noticed whereas sales is closing the deals. Marketing is basically making aware to the consumers regarding the product. Sales is when the customer buys the product because of the marketing. Promotion is a part of marketing where you are promoting the product through different media channels. We all know the 4P's of marketing. Product, Price, Place and Promotion. Therefore, promotion is a part of the marketing strategy. Promoting creates the urge in the minds of the consumers to buy the product. All these terms are technically different and are applied differently.

shalini1792
Posts: 140
Joined: Thu Apr 24, 2014 1:39 pm

Re: What is the difference between Sales, Marketing & Promot

#3 Postby shalini1792 » Wed May 28, 2014 9:49 am

Marketing activities include consumer research (to identify the needs of the customers), product development (designing innovative products to meet existing or latent needs), advertising the products to raise awareness and build the brand. The typical goal of marketing is to generate interest in the product and create leads or prospects. On the other hand, sales activities are focused on converting prospects to actual paying customers. Sales involves directly interacting with the prospects to persuade them to purchase the product. promotions include a variety of strategies designed to offer purchasers an extra incentive to buy, usually in the short-term. Examples of sales promotions include cents-off coupons, two-for-the-price-of-one sales and double coupons at the grocery store, all for a limited period of time. Hence Sales, Marketing And Promotion are three different things which should be taken separately.

ShubhamP
Posts: 17
Joined: Fri Dec 13, 2013 11:10 am

Re: What is the difference between Sales, Marketing & Promot

#4 Postby ShubhamP » Fri Jan 17, 2014 9:32 am

Sales is the part of marketing where the actual transfer of ownership takes place .

Marketing is the overall process for creating ,communicating and delivering the value to the customer.

Promotion involves the activities which are used to create awareness about the product.It can be done in following ways:
1)Advertising
2)Personal Selling
3)Trade shows
4)Direct Marketing

Princi
Posts: 36
Joined: Thu Nov 07, 2013 5:00 pm

Re: What is the difference between Sales, Marketing & Promot

#5 Postby Princi » Wed Dec 11, 2013 10:50 pm

Sales involves the act of persuading consumers to purchase a product or service while marketing refers to the activities that support sale such as identifying market needs, production, branding and promoting the product. Promotion is the marketing mix starts with a business deciding which communication methods to use based on the type of product, market research, distribution channels and an established budget.

Marketing is the overall process of communicating and delivering products to a target audience through the marketing mix of product, price, place and promotion.Promotion is a combination of communication activities that include advertising and public relations.

sales usually one to one and it is relationship oriented.marketing is usually one to many and it is data oriented.sales follows the push strategy in fact marketing follows pull strategy...

vikasverma30
Posts: 22
Joined: Wed Dec 11, 2013 9:29 am

Re: What is the difference between Sales, Marketing & Promot

#6 Postby vikasverma30 » Wed Dec 11, 2013 11:32 am

The Difference between Sales, Marketing and Promotion is as under:

Sales is a process which involves the exchange of a product or a service against money. A sales is said to be successful when a Monetary benefit/Financial transaction is involved.

whereas

Marketing is a process of reaching out to the target potential customers and making them aware of the value and the qualities of a given product or a service. The basic aim of marketing is to make the potential customer aware about a product or service which could be converted into sales.

Promotion is a part of the marketing process which refers to advertising a product/convincing the target potential customers that a particular product is better than its counterparts available in the market which in turn helps the customer to make an informed buying decision and hence leading to sale.

Sid
Posts: 44
Joined: Tue Dec 03, 2013 9:10 am

Re: What is the difference between Sales, Marketing & Promot

#7 Postby Sid » Wed Dec 11, 2013 10:11 am

Promotion is a part of marketing where promotional activities like contests, road shows, etc are done in order to attract people towards their product.
Promotion can be done in 5 ways:
Advertising
Sales Promotion
Publicity
Direct Selling
Personal Selling

Promotion helps in generating curiosity in people's mind towards the product.

************************************
Marketing is a process of making people aware about the product & its features & build a need in them.
Marketing consist of & 7P's :

Product
Price
Place
Promotion
Process
Physical Environment
People

Companies majorly use the first 4P's to build their strategy as these helps in figuring out what type of product is required, what should be the price range, where should they launch this product & what should be the promotional activities.

Marketing acts as a link between the people & the company.
Its an on going process, it dose not ends after the sales. Even after sales services are the part of marketing.

*********************************
Sales is a one-to-one process where the only objective is to fulfill the target and generate revenue with the existing product.
It also helps in getting the customer feedback about the product.

**********************************

archit
Posts: 144
Joined: Thu Dec 13, 2012 4:25 pm

What is the difference between Sales, Marketing & Promotion

#8 Postby archit » Wed Dec 11, 2013 9:32 am

These 3 terms are used frequently in business can any one explain with an example how to differentiate between 3.


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