Question
Differentiate between ‘Marketing’ and ‘Selling’ on any five bases.
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Basis
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Selling
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Marketing
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Meaning
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Selling means exchanging goods for money.
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Marketing means identifying customer needs and satisfying them.
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Part of the process vs wider term
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Selling is a part of the process of marketing.
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Marketing is a wider term and includes selling.
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Transfer of title vs satisfaction of customer needs
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Selling focuses on affecting transfer of title and possession of existing goods.
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Marketing focuses on achieving maximum satisfaction of the customer’s needs.
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Profit through maximizing sales vs customer satisfaction.
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Selling aims at maximizing sales and thereby the profits of the firm.
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Marketing aims at maximizing customer satisfaction and thereby the profits of the firm.
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Start and end of activities
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Selling starts after the product is developed and ends with the sale of the product.
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Marketing starts much before the product is produced and continues even after the product is sold.
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Difference in emphasis
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In selling, the emphasis is on bending the customer according to the product.
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In marketing, the emphasis is on developing the product as per customer’s needs.
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Difference in Strategies.
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Selling involves efforts like promotion and persuasion i.e. selling & promoting the product.
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Marketing uses integrated marketing efforts.
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