Preview

Marketing and Organizational Success

Better Essays
Open Document
Open Document
769 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing and Organizational Success
Marketing and Organizational Success The primary focus of any organization is the customers. Organizations, whether for-profit or nonprofit, establish a goal of providing quality products and services to customers. Their primary goal is to reach sustainment. Organizational success is dependent upon the customers’ willingness to purchase or use the services and products that the company is supplying. Companies must strategize ways to compete with other similar companies offering the same or cheaper product. The major concept involved with developing this plan is marketing. Marketing can be defined in many ways. My definition, though rather elementary, relates marketing to the promotion of products and services to consumers. However, the concept of marketing is not that cut and dry. According to Sheila Webber, “Marketing is the management process responsible for identifying, anticipating, and satisfying consumers’ requirements profitably” (2001). The definition seems to communicate that marketing is all about satisfying the client. The American Marketing Association defines marketing as “ the activity, set of institutions, and processes for creating communicating, delivery and exchanging offerings that have value for customers, clients, partners and society at large” (2007). This definition seemed more feasible as it encompasses every party involved with the manufacturing and presentation of the organization’s products and services. Whichever definition is chosen, marketing deals with the satisfying the needs and wants of the customer as well as turning a profit for the company. Marketing is a very important aspect in business because it contributes greatly to organizational success. When done properly, marketing brings awareness of the product to the consumer. Getting the product or service recognized is the primary goal of marketing. An organization should not just sit around and hope that people will find out about the business without


References: American Marketing Association. (2007). Definition of marketing. Retrieved June 4, 2011 from www.marketingpower.com. Bellis, M. (2011). History of M&M’s chocolate-Forrest Mars. Retrieved June 5, 2011 from www.inventors.about.com. Montague-Jones, G. (2007). Word of mouth marketing tactics work best. Retrieved June 5, 2011 from www.cosmeticdesign.com. Synergy World Inc. (2011). Word of mouth loyalty program. Retrieved June 5, 2011 from www.synergyworld.com. Webber, S. (2001). Marketing information and library services. Retrieved June 4, 2011 from www.ais.shef.ac.uk.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Business Btec L3 Unit 3 P1

    • 1028 Words
    • 4 Pages

    The simple definition of marketing is the selling and promoting services or products. Marketing is also defined as meeting the customers’ needs.…

    • 1028 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Mkt 421 Week 1 Paper

    • 673 Words
    • 3 Pages

    Marketing is often thought of as advertising and selling, but marketing encompasses more than just selling a product or service and advertising it to entice customers to make a purchase. Perrault, Cannon, and McCarthy (2009) defined marketing as "the performance of activities that seek to accomplish an organization’s objectives by anticipating customer or client needs and directing a flow of need satisfying goods and services from producer to customer or client" (p. 6). However, Kotler and Keller (2009) stated one of the shortest definitions is "meeting needs profitably" (p. 5). The author's definition of marketing includes all of the activities a business accomplishes to identify customers, products and services that will fill a void, targeting potential customers with advertising, delivering the products or services, and following through with quality customer service.…

    • 673 Words
    • 3 Pages
    Good Essays
  • Good Essays

    As a personal definition, marketing is a strategy to promote consumer awareness and positive feelings towards a brand or product in order to encourage the consumer to purchase or use that product. In more specific terms, the American Marketing Association (2012) defines marketing as “the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.” A simpler definition of marketing, as identified by the U.S. Small Business Administration (2012), are the activities and strategies that result in making products available that satisfy customers while making profits for the companies that offer those products. The key factor that all three definitions have in common is that the overall purpose of marketing is to appeal to consumers by showing them how a product or service can meet their needs and to influence them to purchase that product or service. A successful marketing strategy can catch a consumer’s attention and make the product or service stand out in a crowd of competitors who offer similar products.…

    • 813 Words
    • 4 Pages
    Good Essays
  • Better Essays

    P1 Intro to Marketing

    • 1121 Words
    • 5 Pages

    Marketing is the act of publicising products and offers to customers to get them to want to buy it; this could be via the television, a poster or radio. Marketing always has the customer at the centre of its activities and wants to build customer relationships in order to keep them coming back. Another definition of marketing is the actual action of selling an item or service to customers, like in a retail shop for example.…

    • 1121 Words
    • 5 Pages
    Better Essays
  • Good Essays

    My personal definition of marketing is the art of selling a vision or a need to a particular population group, with a strategy price and value,…

    • 1022 Words
    • 5 Pages
    Good Essays
  • Better Essays

    In my own words marketing is doing what is possible to satisfy a customer by delivering a product that will keep them coming back for more. Marketing not only deals with the selling and advertising but also with satisfying customers need. Successful companies take into account the needs of the customers by not focusing solely on selling the product. When companies do this they are gaining loyal customers because they see that their needs are being tended too. Marketing is a process where companies create value for customers and build on that value which strengthens the relationship between the company and customers; this allows customers to see the value in the product offered.…

    • 1178 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Marketing is a broad term and can be defined in countless ways. The author of What is Marketing?, Alvin J. Silk (2006) explains marketing as “the process via which a firm creates value for its chosen customers. Value…

    • 1226 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Marketing is extremely important to any organization and to the overall success achieved by organizations. The heart of any business success lies in the strength of its marketing. Most aspects of any organization or business will depend on successful marketing. A sound marketing plan will include advertising, public relations, promotions and sales. Marketing is the way a business or organization will introduce the product or service to potential customers. Without an effective marketing operation an…

    • 867 Words
    • 3 Pages
    Good Essays
  • Good Essays

    According to the Business Dictionary, “Marketing is the center of a business in times of their consumer’s demands and their fulfillments. Marketing is an insight or outlook of the complete business process as composing of a closely combined attempt to reveal, produce, provoke, and please consumer’s needs” (Para 2).…

    • 777 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Ferrell, O., Dibb, S. and Simkin, L. (2005) Marketing: Concepts and Strategies. United States: Houghton Mifflin Company.…

    • 4199 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Principles

    • 4269 Words
    • 18 Pages

    “Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders”(AMA,…

    • 4269 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Marketing & sustainability

    • 1346 Words
    • 5 Pages

    What exactly is marketing? Is it just convincing people to buy products through various media? Billboards, TV commercials, junk mail and magazines filled with advertisements? From the consumer’s perspective, that is how it seems (Kotler et al. 2010, p. 5). But from a business’s standpoint, marketing is viewed very differently. Marketing is viewed as being based on an exchange relationship between a business and its customers, where a business offers something of value, and customers purchase this product, which provides the business with the means to continue producing this item of value (Moscardo et al. 2010, p. 277).…

    • 1346 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    In the corporate world today, in 2008 creating a thriving corporation faces many challenges. These obstacles often affect their rate of longevity. Even industries that are internationally recognized and set the standards struggle daily to maintain status quo. Marketing is a vital component to the prosperity of all organizations. The marketing strategies include obtaining new clients, branding, and influencing behavior. All of these tactics are performed to encourage sales.…

    • 699 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Key Marketing Concepts

    • 879 Words
    • 4 Pages

    The marketing concepts of a business must align with the organizational goals in order for a business to be successful. Organizations must determine the needs and wants of their target market before setting their goals. There are a few concepts to consider when a business is determining their marketing strategy. The first one that we will take a look at is the product concept.…

    • 879 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Marketing is the management process that involves in identifying, anticipating and satisfying consumer requirements profitability. This means that marketing is essential to the success of a business its main aim is to enable business to meet the needs of its customers. There are some features of business marketing behaviour, these involve consumers are vital importance this means that when a product has a greater chance of being successful it satisfies consumer needs. Leckerei which is an organic baby food producer from Switzerland can bring the UK baby food which is nutritious and wholesome in order to support the development and growth of your baby.…

    • 2087 Words
    • 9 Pages
    Good Essays

Related Topics