Types of markets and their features

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The collection of buyers and sellers of certain goods or different types of products and services called the market.Previously, it was a specially reserved place where trade was carried out.Today, in terms of marketing the market call all potential buyers and sellers of certain goods.Depending on the type of product or the number of sellers and their impact on the market situation distinguish different types of markets.

object that has value is the basis for the creation of demand.Types of markets in this case varies depending on the type of goods.

selling products directly for personal consumption is carried out on the consumer goods market.It is a system with a large number of consumers, the big competition and expanded structure.

commodities that are used in industrial and manufacturing processes, called the market of products for industrial species.These products are used to produce other types of products.In this case, stick to the strategy of permanent purchases.The buyer gets the goods as a package, avoiding the time-consuming procurement of individual components.

Some organizations are engaged in the resale of goods and services.They constitute the resale market.It can also be renting temporary use.
Government agencies which are engaged in the purchase of services, goods or lease is a separate market.

market share types, depending on the predominance of a certain category of them participants.

The market is dominated by vendors and have a strong position sellers of goods and services.

buyer's market, on the contrary, it is different prevalence of potential consumers of goods and services.

Depending on the functions performed by the user, distinguish certain types of markets.

Buyers who have an interest in a specific product category, form a potential market.Available

market consists of categories of consumers who are interested in, and have access to funds to purchase a particular product or service.

Consumers who have a particular interest, resources and access to the goods, as well as meet certain requirements at the legislative level, make qualified market.

During trade consumers buy the same product that meets their requirements and needs.This category of untapped market.

Depending on the number of sellers and their impact on the market situation distinguish types of competitive markets.Every seller, getting on the market is faced with the competition and enter the fight for financial resources buyers.
rivalry, which is present on the market and determines the strategy of the seller.Depending on competition distinguish basic types of markets.

market competition in perfect form is an aggregate of a large number of vendors who have equal opportunities and can not dictate their conditions and influence the situation.

Market monopolistic competition is a consolidation of several manufacturers that offer products of the same type, can slightly influence the pricing policy, but did not prevent the penetration of new market entrants.

to oligopoly market characterized by the presence of large vendors that have a significant impact on prices and the value of goods and services.

market monopoly smallest number of different vendors, which impose their prices to the consumer.This market is the most inconvenient for the customer, because he did not have a chance to buy goods at reduced prices due to the lack of other sellers.

These are the types of markets that are most common in the modern economy.