The true nature of marketing today is not serving the customers, it is outwit ting and outfitting ones competitors. Briefly explain ways in which this war can be fought
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The true nature of marketing today is not serving the customers, it is outwit ting and outfitting ones competitors. Briefly explain ways in which this war can be fought
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- The true nature of marketing today is not serving the customer; it is outwitting & outfitting one’s competitors. Briefly explain the four ways this war can be foughtMarketing isn’t limited to goods. Anything can be marketed – ideas, people, places and so on. Are some easier to market than others? Why or why not?Marketing has often been defined in terms of satisfying customers needs and wants. Critics, however, maintain that marketing does much more than that, marketing creates needs and wants that did not exist before. According to these critics, marketing encourage consumers to spend more than they should on goods and services they really do not need. Give your answer with examples and share with us how yoy recently bought any product/ service which you really didn’t need. What influenced you to buy it.
- Give a definition of marketing and explain it elaborately.What is the objective of marketing? What three ways will help it achieve this objective?The marketing mix refers to the set of tactical tools or elements that a company uses to promote its products or services to its target market. Explain FOUR (4) components of the marketing mix.
- There are many definitions for marketing. In your own words, explain your understanding of marketing? Using appropriate examples, explain “in your own word” how does a company go about "marketing" its products or services?We all realize that the marketing mix has at its center the customer and the four Ps: product, price, place of distribution, and promotion. However there are also external forces that management must consider. The acronym here for these external, less controllable forces is Briefly identify and describe these external forces that must be considered.When people think of marketing, they may think of advertising or, possibly, pushy salespeople. However, marketing is much broader, with a focus on the customer and customer satisfaction. In addition, marketing is all about stimulating demand. Discuss how consumers make purchasing decisions based on the four Ps of marketing.
- How is service marketing different from product marketing? Explain and Give examples.How do you apply marketing mix in your daily life?Reflect on what you have learned in the book ,this is marketing ,a book by Seth Godin. Which concepts stand out in your mind? Which marketing ideas have become important to you? Pick three marketing concepts, ideas, or guidelines that made an impact on you, describe them, and discuss how you plan to apply them in your marketing career. What can you do to make them memorable for later career situations in which you might apply them?