Affiliate What do you know about the word marketing??

Mataracy

VIP Contributor
Market can be described as a place where buyer and seller meet to exchange goods and services.
It a place where transaction take place between buyer and seller.

Marketing approach can be defined as where customers and potential customer,company and other business entities compete with each others in a market.

Business success is achieved by providing goods or services to customers in a way that meet customer needs successfully.

CUSTOMER NEEDS
Customers buy product or services for a reason.
When they can choose between two or more competing products, there is a reason why they choose one product instead of another. And the price us not the major determinant in buying a product or services.E.g
(1) A better quality product

(2) better design features

(3) availability of the product

(4) convenience of purchase

(5) the influence of advertising or sale promotions.

There is 4ps of marketing mix.
Marketing approach is to identify customer need and try to meet customer needs succefully than competitors.
The 4ps are :
(1) product: Your product must be quality

(2) price: The selling price must not be too high compared to that of competitors.

(3)Place: The channel of distribution must be intact and consumer must be able to get the product easily.

(4)promotion:,The product and services must be advertise very well in other for the customer to get to know that the product essisted.
This is what marketing entails and I belive that you may also have one thing or the other to sat concerning this.
What did you understand by the word marketing?
 

btaliat

VIP Contributor
Marketing is just a means of making goods and service available by employing different measures. Most big companies do have a marketing department where they make sure that all things thay have to do with publicity of their goods and services are done. However, the influence of social media and some influencers are making the department redundant.
 

linneasandel

Active member
All of a company's operations aimed at promoting and selling products or services to customers are referred to as marketing. The "marketing mix," commonly known as the four Ps—product, pricing, location, and promotion—is used in marketing. In my view, for promoting your business and services, one of the best way is promo gift. You can choose some cost-effective promotional products and can imprinted them with your brand logo and name which you can handout among the targeting audience for getting a good brand visibility.
 

sincerem

VIP Contributor
You said it all, marketing is simply showcasing a product to gain recognition and widespread acceptance by people. If you can market yo the final consumers, and your marketing prowess fetches you riches tomorrow, then you should know that, your marketing skill helped you to do that. Good marketing description helps attract more customers, if you don't state your facts well, you won't be able to attract customers.
 

Setho

VIP Contributor
As a marketing of a particular product is just the ways in which you put the product in the faces of your potential customers and try to convince them to buy from you. There are a lot of ways that you can market a product which can either be through online means or the traditional means like radio and television. Green
 
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