Saturday, January 11, 2014

" Marketing is more than just selling and promotion". the definition of marketing and its different stages.

Marketing is more than selling and promotion The primary business stir or aim of merchandising is to identify and accomplish, or croak the changing foretell for of customers. In view of this broad concern of marketing, it can be seen that the concept of marketing summarizes m some(prenominal) activities in a business. Marketing, in fact, refers to any activity undertaken by a firm that has been intentional to plan, price, promote and distribute ideas, goods and services to butt end markets. These marketing activities were put to death in order to nominate an exchange and sales that get out result in the achievement of the proprietors individual goals and the firms goals, both in the short-term and the long-term. It is because obvious that marketing forms an integral component part of any businesss operations. In particular marketing activities attempt to increase a firms revenue base, by showing the importance of attracting potential customers in target markets to purc hase the firms products in order to satisfy their requirements, or else than those of firms competitors. Consequently, the marketing directly contributes to the attainment of the financial goals of the firm. Hence, the success of a firm is reliant upon the extent to which it is able to identify, and satisfy the customers c alone for more effectively.
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Marketing as an activity that involves several features, all of which are presented during the course of the marketing act upon. Such features include, for the first time and most importantly, that marketing is a long process that begins with the domain of an idea a nd ends up as product that will be sold to s! atisfy a customers needs. Secondly, marketing is seen as a managerial process as it involves making managerial decisions virtually the particular immix of product, price, place and promotion in a firm. Furthermore, marketing involves managers readying and ensuring that particular arranged activities are carried... If you want to get a full essay, order it on our website: BestEssayCheap.com

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