A. Introduction Marketing is a social and managerial mental process by which individuals and groups commence what they need and want through creating and exchanging yields and determine with others (Kotler, Brown, Adam, and Amstrong, 2001: 6). Marketing is about connecting with nodes, dower the needs of society, and accomplishing the goals of the organization. Through customer enjoyment selling creates the customer loyalty necessary to tinge an organizations objectives. Marketing works by creating valuable exchanges that provide consumer satisfaction (Kotler et al, 2001: 9). All of these purpose could be obtained by following the commercialiseing scheme process which has quartette steps - analyzing marketing opportunities, selecting train markets, maturation the marketing tittup, and managing the marketing effort (Kotler et al, 2001: 65). A marketing schema is a plan identifying what marketing objectives will be obtained, and how they be achieved by using marketin g elementation and withal marketing mix. Marketing strategies identify and say tar ready market and render a marketing mix strategy for each segment on the target market based on this strategy. Basically, a marketing strategy provides a blue print of what a businesss objectives argon with obedience to marketing.
Marketing mix itself is the set of manageable marketing variables that the confederacy blends to produce the response it wants in the target market (Kotler et al, 2001: 69). Basically, marketing mix consists of - product, price, placement, and promotion (usually called as four Ps. But, in recent years, as the marketing itself has evolved, the ma! rketing mix has also extended, so now, it has non only four Ps but seven Ps. The other tierce Ps are people, process, physical evidence (Kotler et al, 2001: 70). The first P, product refers to the total concept that is sold or offered to the market. The total product consists of both actual (such... If you want to get a full essay, order it on our website: OrderCustomPaper.com
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