Several concepts for the market people may Istnottagha through their dealings with him, and in general the market is called the term and is defined as:
The market is the geographic area brings buyers sellers, and he knows the science of economics that the relationship between supply and demand for the commodity.
According to Pride and Friel definition of the market that combines companies and people are in need of a commodity, and they have, or have the ability and the desire and the power to buy that commodity.
The market is a group of buyers, whether they are natural persons or establishments of these is the goal of all marketing efforts for the facility. As looking for the needs and desires of unsaturated, which represents a good marketing opportunities, and the market is not limited to current buyers only, but extends to prospective buyers as the marketing efforts implemented in the future period.
Market Place is the exchange of goods, regardless of the fact that this place is geographically specific building or online; where the buyer and seller in different geographical Bakotain.
The market is a meeting point between supply and demand for goods and services and capital. And well it is known as the place or organization that can buyers and sellers for a particular commodity from communicating with each other.
The market is a set of labels for consumer discovered through reflects the type of product.
Market sections
Consumer market: It is a group of buyers who want to buy goods that will satisfy personal and family needs, and can afford to buy them and buy them in order to achieve profits.
Artificial Market: Includes market is a group of buyers who buy goods and materials for use in the production process.
Government market: a market in which goods are available not for consumption but rather to facilitate the production of other goods and services.
Conditions to be met in the market
Availability needs of individuals or organizations for the product and desire.
The availability of the ability to buy the product, which reflect the so-called purchasing power parity.
Ready availability of individuals or organizations to use their power and their purchasing power.
The availability of power among individuals and organization to purchase certain products; Individuals may be available to have a need and desire and purchasing power and a willingness to buy a particular product, but does not have the right to buy a particular product, such as young people.
Types of markets
It is divided by an element of competition market:
Full competition markets.
Full monopoly market.
Monopolistic competition market.
Oligopoly market.
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