Mukund

 Market is divided in two parts.1 Sellers 2 Buyers. In sellers market seller is important.He commands the market.He selects the product such that buyers run to him.Price also fixed by him.But it is always competitive. In sellers market margins you get might be low.But you will get sure business. Consumables like everyday needs are mostly sellers market.Milk , vegetable,bakery products are normally sellers market. Shops selling unique products become popular.They are also called sellers market.Snacks centers providing very tasty products are also sellers market.

Consumer Marketing depends upon five factors. PERSON. PRODUCT PROMOTION PRICE PLACE To get good marketing skill you have to balance all 5 factors. Most of the things depend on the person  Who runs business. Good personality helps to get customer and retain for long-term.He should have Good communication skills. Learning  the art of communication scientificly will be beneficial.  Required personality depends upon type of business. The person should have required strength to run business.Required strength varies with business. PRODUCT You have to select the product with good market potential. You must earn the profit by selling the product. The product must be compatible to the business place. Price It should be dependent on costing. It also should be competitive in the place selected. Consumer product pricing is very important and should be done very carefull. Promotion.