Marketing is one of those things that surrounds your everyday life and you don't even realize it. A challenge of a good marketing manager is to make a person or customer to not even realize that they are targets of a marketing campaign. To define marketing in my own words; giving products a place to perform or show to enhance a buyer. Marketing is a truly important function of business. It is basically the wheels of motion to get a business to profitability. For example, a merchant has a "widget" that can solve a lot of problems. The steps involved in getting the widget to the customer and coercing them to buying it are all aspects of marketing. How can something be sold unless it is marketed? It is a basic fundamental of business. …show more content…
Of course radio and TV are still top marketing engines. Many companies can come up with catchy slogans or offer special deals that generate lots of attention to both the product and company. Another key focal point on marketing is attention. Its that yellow daisy in a patch full of weeds that grabs the eye. So it is with key marketing ads on TV and radio. One popular slogan in the early 80's was the "where's the beef?" ads by Wendy's. Those commercials became so popular that they became a part of pop culture for that time. Thats when you know that you have created a winner when you start seeing your catch phrase on t-shirts. One lesser know form of marketing is basic word of mouth. This can be the kiss of death for many business or the kiss of blessing, depending on what is being said. All the TV ads and slogans in the world are no match for good old fashioned first hand knowledge. One example of this is in the film industry. There have been many instances of mass marketing and millions of dollars spent to promote a new film only to have it released and totally bomb due to bad reviews and bad word of mouth. There have been many instances in my own personal life where I decided against going to see a movie because someone told me it was awful. Those are dollars lost for the film industry. The reverse can also be true. Good press and
Marketing is a very unique process that enables limitless methods or variations for an entity to appeal to a particular target market as well as to deter from a particular market. Marketing is used in more than just business; The kinds of clothes an individual wears and the attitude a person portrays can be used to market him or herself to the public for many reasons: Maybe to attract a woman a man is attracted to, possibly to impress the president of a company a person is interviewing for, and even to just create a base of his or her character in which other people will judge him or her by. Marketing is everywhere from the business side of the spectrum to relationships people have
Marketing is about understanding and acknowledging the needs of customers and leaving an impact on developing the absolute best product to meet their needs by the business. Marketing comes into account for any business and how they can develop to be the best and deliver the best customer satisfaction.
The nature of marketing is a very important basic principle when it comes to marketing in a business. The activities that come from marketing create value by allowing individuals and organizations to obtain what they need. You need to know what the customers want and how to satisfy them with your goods or services. They need to be conveniently available, competitively priced, and uniquely promoted. To a business, marketing is an important part of their strategy. Marketing however is not manipulating your customers into buying products they don 't want, so never think that. It’s about the
Every company depends on an efficient marketing program to fulfill customers' needs. Marketing is a process of finding out what the customer wants and meeting those requirements. Within the company, the marketing group has to consider customer values and customer satisfaction before considering offering a product. Marketing is part of our everyday world, and can be perceived everywhere and every time. At any time, everyone has been exposed to different kinds of marketing or advertising depending upon personal necessities such as T.V commercials, radio, internet, etc.
A plethora of individuals seem to be misinformed about marketing. Several of these individuals believe that marketing is just advertising. Others will tell you that marketing is all about sales, insinuating that all marketers are just salesmen. Now these beliefs are both right and wrong. “How can they both be right and wrong at the same time?” you may be asking yourself. Well they are right, because marketing encompasses both advertising and sales. They are both wrong by assuming that marketing is all about advertising, or all about sales. Marketing is a very creative industry that includes many aspects, such as: advertising, branding, strategic management, communications, market research, market planning, database marketing, marketing strategy, direct marketing, search engine marketing, event organization, retailing, global marketing, public relations, international marketing, internet marketing, and industrial marketing. Marketing is a necessary and essential part of all Business, and it is more than just advertising.
Marketing in our economy has become harder and harder as the age of technology grows and billions of people see and ignore advertisements in every aspect of their life. It is rare to even drive down the street without seeing some sort of advertisement these days; even if it’s a hand-written picket sign offering lawn service. Business is everywhere and everyone wants in.
There has been much misconception about what marketing really it only about commercials on the television or billboards that dot the highways, advertisements in the paper or salesman attempting to sell you their products. Many believe that this is marketing but marketing is much more complex than the advertising and the selling of goods and services. In fact, the above mentioned elements only form part of the whole marketing process. Marketing consists of a wide range of activities involved to ensure continuation of meeting the needs of the customers and getting appropriate value in return. MarketingPower.com defines marketing as
The Marketing Concept The marketing concept has evolved over the last years, marketing reflects to a key approach to doing business. An organisations objective is to make profit, to do this they have to consider the marketing concept, in order to satisfy customers. For an organisation to be successful should divert its attention away from particular products and towards the interest of the customers. Customers changing their needs and wants influence an organisations strategies and plans. Meeting customer’s needs is the main key in marketing.
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.
Marketing makes the world go 'round. Well, at least the corporate world! In this day and age, we are plagued with advertisements everywhere we look. They appear in our TV programming. They appear on the radio. They appear on blogs and search results. They appear in your e-mail. They appear in a text message. They even appear on the outside of buildings and vehicles. They are, quite literally, everywhere. However, there is a good reason for this – advertising really does work. The most successful advertisements are backed by a good marketing strategy, which should involve the company having an understanding of the target market – the customers you want to reach. Even if an offering starts seeing success and profit as a result of
Quora has 1.1 million followers in Life and Living, 554 thousand in Happiness, 1 million in Emotions and more. If we do the sum then it amounts to 25 million followers!
I always assumed that marketing was those pesky sales people who were trying to get you to buy their brand of merchandise or services because they “supposedly” offer the best deal. Those ads you see that insist their product is the most recent revelation in break through products. I now know that marketing is more than that. Marketing is not just the selling but also the advertisement, research, accounting and production of products or services. Marketing is “communication the value of a product, service or brand to customers, for the purpose of promoting or selling that product, service, or brand.”
The merits of the product or service to its customer to which it intends to sell its
Magazines, newspapers, billboards, word of mouth, and radio/televison broadcasts are all generally thought of as traditional marketing. Those forms of marketing are referred to such in our modern time because there was really no other way to sell something to a consumer. However no matter what time period you look at it from, advertisers have been able to categorize the three main angles to approach a customer when selling to them. Clever marketers knew that to stay ahead in the game, they needed to focus on selling the idea of success, give off the illusion of disaster
Since the beginning of time marketing has existed to explain and promote products to consumers in an effort to persuade purchase decisions and increase sales. Traditionally, it has been a one-way form of communication, with companies providing messages to consumers without any opportunity for consumer response. These messages started as billboards, newspaper and magazine advertisements, but as technology evolved new opportunities arose.