Meaning Market is defined as an Marketing is a function
arrangement whereby that identifies human and buyers and sellers meet social needs and satisfies each other to conclude the them. transaction.
What is it? A set up i.e. a place. A set of processes, i.e. a
means of creating utility.
Process Market is a process, that Marketing is a process
fixes the price of that analyses, creates, commodities through informs and delivers demand and supply forces. value to the customer.
Concept Market is a narrow concept. Marketing is a wide
concept that includes diverse activities.
Consistency Market varies by products, Marketing philosophy
place, factors and so on. remains same, no matter where it is applied.
Facilitates Trade between parties. Link between customer
and company. S.No.SELLING MARKETING Selling refers to creating products and selling them to Marketing refers to finding wants of 01. customers. people/customer and fill them.
Selling revolves around the Whereas Marketing revolves around
needs and interest of the the needs and interest of the 02. seller. consumer.
It emphasis more on product It emphasis more on consumer
03. or service. needs and wants.
Selling is a only an integrated While marketing is a wider term
04. part of the marketing process. consisting of number of activities.
Selling is based on short term Marketing is based on long term