The function of the market

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Understanding the market first: The market is where the buyer and seller meet to make a sale and purchase transactions of goods or services,

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There are three basic functions in the existence of the market, yes it is sebegai follows:

  1. Distribution Function, namely pasara as a means of closer the distance between consumers and producers in carrying out transactions. In the distribution function, the market plays a role in facilitating the distribution of goods or services from producers to consumers.

  2. Function Price Establishment, ie the market as a form of market prices, namely price agreements between sellers and buyers.

  3. Function Promotion, the market as a promotion event. Implementation of promotion can be done by installing banners, distributing brochures, distributing samples, etc.

The function of the market | Ecency