An actual or nominal place where forces of demand and supply operate, and where buyers and sellers interact (directly or through intermediaries) to trade goods, services, or contracts or instruments, for money or barter.
markets include mechanisms or means for 1 determining price of the traded item,2 communicating the price information, 3 facilitating deals and transactions, and 4 effecting distribution. the market for a particular item is made up of existing and potential customers who need it and have the ability and willingness to pay for it.
the management process through which goods and services move from concept to the customer.
It includes the coordination of four elements call the 4 p's of marketing.