Chapter 11

Marketing: Products, Pricing, Distribution, Promotion, and Sales

IN THIS CHAPTER

check Defining marketing and developing products or services

check Determining a price and pricing strategy

check Setting up a distribution system

check Promoting your products or services and creating buzz with publicity

check Understanding the role of online marketing

check Realizing the importance of sales and customer relationships

Close the door, turn off your phone and computer, and put on your thinking cap. It’s time to discuss the topic of marketing and the process that defines it. After all, marketing is the one facet of your business that will separate your product or service from the hundreds (or thousands) of competing products or services in the marketplace. Yet, marketing is typically either number one or number two on the small-business owner’s list of the most difficult skills to master. (Managing employees is ...

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