TYPES OF MARKETS

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TYPES OF MARKETS

Geographic area covered

overall

Subtopic

market that extends to all the countries of the world, therefore, the goods and services are produced or only marketed in any country of the world

International

is made up of a group of buyers who may be from different countries

regional

area it serves is not limited to certain political boundaries; in this case we can speak of a market that covers the northern or southern region of a country

National

encompasses and covers an entire country

Local

It is the one that serves a small area of the market such as a province or a city

Buyer

Work market

where labor supply and demand meet

consumer market

all buyers who seek to acquire the goods and services that are sold in the market to be used to satisfy a need

government buyers

all government institutions that purchase goods and services to provide public services

industrial buyers

companies that buy productive resources to carry out their production process

Dealer Market

all companies that buy products not to consume them, but to resell them

Competence

pure monopoly

when strictly a single company offers the goods and services that are sold in a market, therefore, that company has total control over the price and quality conditions of said products

imperfect competition

is any situation between perfect competition and pure monopoly

perfect competition

there is an infinite number of competitors so none has the power to set prices in the market and practically all products are the same

productos

service market

marketing of products called services

productos industriales

all products that are used as input or raw material to be able to produce other goods or services

productos para uso o inversión

se intercambian productos que sirven para cubrir una necesidad

consumer products

destinados a satisfacer una necesidad de consumo