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What is the difference between auction and marketing ?

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Question added by zeeshan sikandar shaikh , Accounts Assistant , HM Indus & Co. “Accounts Consultancy”
Date Posted: 2014/11/23

Auction: The effort / process when trying to sell some items (goods or properties) where people make higher bids for certain items until sold to the person who will pay the most (highest price)

Marketing: the process of when goods & services move from the manufacturer place to the customers considering the four elements called 4 P’s which is:

1-      Product

2-      Price

3-      Place

 

4-      Promotion

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