Definition Of Marketing And Marketing Strategy Essay

Definition of marketing? It s is a process in which wants changes into needs. The activities of an organization connected with purchasing and offering an items or administration. The marketing process is having direct connection with communication and requirements and the actual goal of marketing is to expand the sales of the company’s product as well as the Company’s profit. In the terms of marketing, there are some of key points which are connected with the marketing such as target market, market segmentation and consumer behaviour. 1 Product 2 Place 3 Price 4 Promotion Product – This includes the customer satisfaction and all its needs and demands. Moreover it also fulfil the demands of customers by competing the previous product and providing the customers as a updated one. Price – The price of the product maters for everyone whether the company or the customers. It puts a great impact on marketing strategy. Place – it plays a vital role in the organization as the location really matter for the customers and should be a near and easy to asses to the particular place. Promotion – It always reflects a positive status of the company in the market as the sale is depend upon promotion and by this the company can cover it all expenses. Diagram – Definition of marketing research Market research is about to talking with people, listening to them , doing survey, business meetings, analyzing the information to help organization make better decisions and reduce the risk.Show MoreRelatedThe Meaning of Marketing Strategy1470 Words   |  6 Pagesï » ¿The meaning of marketing strategy The contemporaneous business society is extremely dynamic and forces the economic agent to develop and implement a wide array of tactics in order to overcome the challenges raised by various categories of stakeholders. 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