Difference between Marketing & Selling
Marketing
| Selling |
- Marketing includes selling and other activities like various promotional measures, marketing research, after sales services, etc
| - Selling is combined to persuasion of consumers to buy firm’s goods and services
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- It starts with the research on consumer needs, wants, preference, likes, dislikes etc and continues even after the sale have taken place.
| - Selling starts after the production process is over and ends with the handing over the money to the buyer.
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- Focus is on earning profit through maximization of customer’s satisfaction
| - Focus is on earning profit through maximization of sales
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- Customer’s need is the central point around whom all marketing activities revolve
| - All activities revolve around the product that has been produced
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- It is an integrated approach to achieve long-term goals like creating, maintaining and retaining the customers
| - Fragmented approach to achieve short-term goals
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- Stress on needs of the buyers
| - Stress on needs of the sellers
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- In marketing, the consumer is king
| - In selling the product is king
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