Preview

Akb48 - Theoretical Base

Powerful Essays
Open Document
Open Document
5553 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Akb48 - Theoretical Base
CHAPTER IV
THEORETICAL BASE

A. Marketing 1. Marketing definition a. According to Philip Kotler and Kevin Lone Keller, marketing is a societal process by which individuals and group obtain what they need and want through creating, offering and freely exchanging products and services of value with others. (Philip Kotler and Kevin Lone Keller, Marketing Management, 12th e) b. According to American Marketing Association, marketing is a process of planning and implementing conception, determining price, promotion and distribution idea, goods, and services to create exchange that satisfy individual and organization goals. c. According to William J. Stanton, marketing is whole system from business activity that pointed to planning, determining price, promoting, and distributing product that satisfy actual buyers and potential buyers needs. 2. Simple marketing system
Market
A collection of buyers
Industry
A collection of sellers
Money
Goods and Services
Communication
Information

*Three functions of ads are: introduce (especially for new product), remain (Sunlight), and educate (Promag and Adem Sari).
*Why the information is important? Because we can know about the needs of consumer, the strategy of our competitor, and the competition in market. 3. Marketing concept based on:
Needs is state of felt deprivation. These needs are divided to physical needs for food, clothes, and safety; social needs for love and be loved; and individual needs for knowledge and self-actualization. Wants is form that human need take as shaped by culture and individual personality. Human wants is unlimited but the available of resources is limited. So, they choose product that will give them the highest value and satisfaction. When human wants is backed by buying power, it become demands. B. International Marketing 4. International Marketing Definition d. International marketing is simply the application of

You May Also Find These Documents Helpful

  • Good Essays

    Mkt 301 Exam 1 Study Guide

    • 1313 Words
    • 6 Pages

    Marketing: 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.…

    • 1313 Words
    • 6 Pages
    Good Essays
  • Good Essays

    As approved by the American Marketing Association Board of Directors (2007), Marketing is 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. (Approved October 2007).…

    • 1022 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Different entities define the term marketing in different ways. “The American Marketing Association offers the following formal definition: 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” (University of Phoenix, p. 2, 2010).…

    • 388 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Business Chp 11

    • 739 Words
    • 3 Pages

    Marketing is 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. (Approved October 2007) http://www.marketingpower.com/aboutama/pages/definitionofmarketing.aspx…

    • 739 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Unit 3 P1

    • 1803 Words
    • 8 Pages

    Marketing is the process of communicating the value of a product or service to customers for the purpose of sales. It is a critical business function for attracting customers. Marketing activities and strategies result in making products available that satisfy customers whilst making profit.…

    • 1803 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    BUSM&L 4202 Midterm 1

    • 727 Words
    • 4 Pages

    Marketing is 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. (AMA)…

    • 727 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Concepts of marketing- marketing= a social and managerial process by which individual and groups obtain what they need and want through creating and exchanging products and value with others.…

    • 1050 Words
    • 5 Pages
    Good Essays
  • Better Essays

    “Marketing is 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”(Perreault, Cannon, McCarthy, page 6, 2011). Marketing is about identifying and meeting human and social needs. One of the shortest good definitions of marketing is “meeting needs profitably” (Kotler , & Keller, page 5, 2012). In 2008 AMA 's definition of marketing was: “Marketing is the activity, set of institutions and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners and society at…

    • 1112 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Mkt 220 Test One Review

    • 2104 Words
    • 9 Pages

    Marketing – The process of creating, distributing, promoting, and pricing goods, services, and ideas to facilitate satisfying exchange relationships with customers and develop and maintain favorable relationships with stakeholders in a dynamic environment.…

    • 2104 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Marketing is 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.…

    • 3321 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Marketing Principles

    • 2032 Words
    • 9 Pages

    Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of goods, services, and ideas to create exchanges that satisfy individual and organisation objectives. Marketing has many ways that products are sold. It includes advertising, selling and delivering products to people. Marketers try to get the attention of target audiences by using slogans, packaging design, celebrity endorsements and general exposure in the media world. The process of developing, promoting, and distributing products to satisfy customers ' needs and wants.…

    • 2032 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Chapter Eleven

    • 916 Words
    • 3 Pages

    Marketing is 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.…

    • 916 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Needs are the requirements for a viable existence: food, water, shelter. Wants may be defined as a desire for goods which are not necessary for survival, but which would provide comfort or pleasure but sometimes if you have needs likes you have a house also you wants you’re house bigger or you want to eat expensive food this is when need become wants.…

    • 611 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    * One definition of marketing is, “a social and managerial process by which individuals and organizations obtain what they need and want through creating and exchanging value with others.”…

    • 3253 Words
    • 14 Pages
    Good Essays
  • Powerful Essays

    According to Philip Kotler marketing can be defined as “a social and managerial process by which individuals and group obtain what they need and want through creating, offering and exchanging products of value with others”.…

    • 11039 Words
    • 45 Pages
    Powerful Essays

Related Topics