Preview

Marketing Principles

Good Essays
Open Document
Open Document
2032 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Principles
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.

Marketing include 4 Ps for marketing mix that is product, place, price and promotion. Product is the good, which is the company want to manufacture. Place is the place where the company sell the product. Price is the value of goods in the society and promotion show products to customers, e.g. advertising, newspaper etc.

Marketing is a social and managerial process and individual obtained what they need and want though exchange.

When somebody wants to develop a business, they should know what is the customer need and what is the customer want. Then the company will base on demand to produce goods, which make profit for the business. And make the marketing focus on the satisfaction and goods quality of customer needs, wants and requirements. That is good for exchange between customers and companies to make the relationship well. For whole marketing, it uses products of company to make value for business in the public way.

( b ) Example:sony\Toyota(finance)\foodtown(customers service)

Customer value is an organization 's rating of the value it provides to its customers relative to that provided by its competitors. It is the critical part of relationship marketing, achieve the customer satisfaction is the prime goal of the marketers and organization 's long-term goal is achieving through satisfying customer needs, then make profit for companies. It needs to be seen from the

You May Also Find These Documents Helpful

  • 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
  • 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
  • Powerful Essays

    Marketing Principles

    • 2341 Words
    • 10 Pages

    PLAGIARISM Plagiarism is the act of representing as one’s own original work the creative works of another, without appropriate acknowledgement of the author or source. To avoid plagiarism – it is required that you write your assessment answers in your own words, but, also reference any sources of information using the Harvard Referencing system (please ask your Trainer/Assessor if you require support with this). COLLUSION Collusion is the presentation by a student of an assessment as his or her own which is in fact the result in whole or in part of unauthorised collaboration with another person or persons. Collusion involves the cooperation of two or more students in plagiarism or other forms of academic misconduct and as such both parties are subject to disciplinary action. Collusion or copying from other students is not permitted and will result in a “0”…

    • 2341 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Customer Value – Buyer’s benefits, including quality, convenience, on-time delivery, and before- and after-sale service at a specific price.…

    • 691 Words
    • 3 Pages
    Good 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

    Definition of Marketing- Marketing is an action or a process to promote and sell products or services according to the customers’ requirements and expectations by identifying and predicting what customers would need, want and like to have.…

    • 2417 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Marketing is the activity and process for creating, communicating, delivering, and exchange a product or service; which has values for the customers/clients. Overall it is an integrated process which builds customer relationship and creates an identity for their customers and themselves.…

    • 1346 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Mk 421

    • 714 Words
    • 3 Pages

    Marketing has several definitions. Marketing is the process in which organizations seek out to satisfying customers through advertisement in order to sell a product. Companies use different ideas in order to get the buyers attention. According to "Business Dictionary" (2010), “The management process through which goods and services move from concept to customer.” Another definition of marketing is explained according to Investopedia.com is “The activities of a company with buying and selling product or services. It includes advertising, selling and delivering products to people.”(para. 1).…

    • 714 Words
    • 3 Pages
    Better Essays
  • Powerful Essays

    Marketing Principles

    • 5932 Words
    • 24 Pages

    | 1. Course notes 2. Recommended learning textbooksLearning Media (2012) Business Environment, BPP, London 3. The internetTutor2u (nd) Business Studies. Available at http://www.tutor2u.net/blog/index.php/business-studies/ (accessed on 1.3.13)Times 100 Case Studies(1995-2013) The External Environment. Available at http://businesscasestudies.co.uk/business-theory/external-environment.html#axzz2MHgTLH7v (accessed on 1.3.13) http://www.bized.co.uk/learn/business/index.htm (accessBiz/Ed (1996-12012) Business Studies Available at http://www.bized.co.uk/learn/business/index.htm (accessed on1.3.13)…

    • 5932 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    travel and tourism

    • 1552 Words
    • 5 Pages

    Marketing is the process of communicating the value of a product or service to customers, for the purpose of selling that product or service.…

    • 1552 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Definition of Marketing: Marketing is the process in which communication gets the value of the product or service to its customers in order to sell the product or service. This is a technique used to attract customers to the product or service. Marketing satisfies the wants and needs of people through the exchange process.…

    • 284 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Core Marketing Concept

    • 2187 Words
    • 8 Pages

    Marketing is the process of communicating the value of a product or service to customers, for the purpose of selling that product or service.…

    • 2187 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Assignment

    • 2860 Words
    • 12 Pages

    Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals.…

    • 2860 Words
    • 12 Pages
    Satisfactory Essays
  • Good Essays

    Marketing Principles

    • 9982 Words
    • 40 Pages

    “A market is the set of actual and potential buyers of a product”. – Irfan Jahangir, Lecturer, BAC.…

    • 9982 Words
    • 40 Pages
    Good Essays
  • Powerful Essays

    principles marketing

    • 7022 Words
    • 25 Pages

    First of all we would like to say thanks and Alhamdulillah, for giving our the strength and health to finished and successfully complete the assignment of subject Principles of Marketing. Special thanks to our lecturer, Miss Mardhati Yunos for teaching, helping us, gives the opinion and suggestion also always giving us a support to finish up this assignment.…

    • 7022 Words
    • 25 Pages
    Powerful Essays

Related Topics