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What is the importance of markets? What are the benefits of marketing?Explain any one type of distribution channel.​

Answer» <html><body><p>As everyone knows, <a href="https://interviewquestions.tuteehub.com/tag/free-465311" style="font-weight:bold;" target="_blank" title="Click to know more about FREE">FREE</a> markets are important because they voluntarily bring together willing buyers and sellers. Supply and demand are the sine qua non of economics. In fact, so important is their function that, in classical economic theory, a free market occurs only when no single buyer or seller can determine price.Benefits of Good MarketingSales. When you employ good marketing <a href="https://interviewquestions.tuteehub.com/tag/tactics-1238415" style="font-weight:bold;" target="_blank" title="Click to know more about TACTICS">TACTICS</a>, you will make more sales.Reputation. Your business reputation is very important. ...Audience. ...You earn trust. ...Knowing what works. ...Learning the marketplace.Distribution <a href="https://interviewquestions.tuteehub.com/tag/channels-25463" style="font-weight:bold;" target="_blank" title="Click to know more about CHANNELS">CHANNELS</a> include wholesalers, retailers, distributors, and the Internet. In a direct distribution channel, the manufacturer sells directly to the consumer. Indirect channels involve <a href="https://interviewquestions.tuteehub.com/tag/multiple-1105557" style="font-weight:bold;" target="_blank" title="Click to know more about MULTIPLE">MULTIPLE</a> <a href="https://interviewquestions.tuteehub.com/tag/intermediaries-1048344" style="font-weight:bold;" target="_blank" title="Click to know more about INTERMEDIARIES">INTERMEDIARIES</a> before the product ends up in the hands of the consumer.</p></body></html>


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