Consumer income, tastes, preferences, and the price of substitute goods.
Agricultural marketing involves all the business activities required to move agricultural products from the farm to the final consumer. It is a continuous chain of events that adds value to raw farm commodities. Key Concepts and Definitions
: Nature does not produce identical items; weather causes variations in size, color, and taste. 7. The Agricultural Marketing Mix (The 4 Ps)
Marketing agricultural commodities presents unique difficulties compared to industrial goods: agricultural marketing notes grade 12 best
: Many products (like milk or berries) spoil quickly, requiring expensive cold-chain logistics.
Transforming raw commodities into consumable goods (e.g., milling wheat into flour, turning milk into cheese).
Finding buyers, negotiating prices, and transferring ownership. C. Facilitating Functions Consumer income, tastes, preferences, and the price of
Harvests occur at specific times, leading to massive supply spikes and price drops.
Higher disposable income typically increases the demand for premium agricultural products (like meat and dairy).
Product (quality), Price (reasonable), Place (distribution), Promotion (advertising). Packaging: Protects, promotes, and provides information. 7. Agricultural Marketing Institutions & Agents Key Concepts and Definitions : Nature does not
Sorting produce into predefined grades.
Marketing functions are the specialized activities performed during the marketing process. They are broadly categorized into three main groups: physical functions, exchange functions, and facilitating functions. Physical Functions
Identifying target customers, competitors, and market trends.