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Goods and Services.

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Presentation on theme: "Goods and Services."— Presentation transcript:

1 Goods and Services

2 So, what is MARKETING? MARKETING is:
the sum of all the activities involved in the planning, pricing, promoting, distributing and selling of goods and services to satisfy consumers’ needs and wants. the process of connecting suppliers with end users

3 Raw Materials Come from mining companies, farms, fishing boats, oil rigs, loggers, etc. For example, a farmer markets tomatoes to a ketchup maker, or a forestry company markets logs to a paper mill Canada exports a lot of raw materials We also import many raw materials (ex: oranges) Raw materials are usually marketed to business

4 Processed Goods The nature of the product is changed, for example pasteurizing milk, or pressing applies into juice, or creating pulp from wood Processed goods may be sold as finished goods, or as semifinished goods Semifinished goods are marketed to manufacturers

5 Finished Goods Do not require any further processing
May be a consumer good (ie Nike Shoes) or an industrial good (car seat) Consumer goods are used by the general public Typically sold by retailers to consumers Can be sold to industry Ex: Original Maple Bat Company sells to major league baseball teams as well as consumers Industrial goods are used by a business to make other products, and can be any of raw materials, processed goods, or finished goods

6 Services Activities performed for others
Just like goods, can be marketed to consumers or industry Ex: Piano tuner If they tune pianos for a symphony, it’s an industrial service If they tune pianos in people’s homes, it’s a consumer service Most businesses focus on one or the other

7 Jones Soda Article and questions

8 Jones Soda Website

9 Jones Soda Website

10 Jones Soda Website

11 Jones Soda Website


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