Question:

Explain the following as functions of marketing :
(i) Gathering and Analysing Market Information
(ii) Standardisation and Grading
(iii) Consumer Support Services

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Updated On: Jun 23, 2025
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Solution and Explanation

Marketing is not limited to just selling products. It begins before the product is even launched and continues after the sale is made. Gathering and analysing information helps identify consumer needs and adapt accordingly. Standardisation maintains consistent quality, and grading helps cater to various market segments. Consumer support strengthens post-purchase experience and improves brand retention. Final Answer: Effective marketing includes research, quality control, and after-sale services to ensure customer satisfaction and brand value.
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