Business Studies- AS Level merchandising - ::. 1 .:: Definitions for market American Marketing Association Marketing is an organizational function and a garnish of memberes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefits the organizations and stakeholders. tender definition for Marketing Marketing is a societal process by which individuals and groups obtain what they need and want with creating, pass and freely exchanging productions and services value with others. Some think marketing as an art of selling, but if just a part of marketing. Understanding customers and developing products atomic number 18 always better. Philip Kotler Marketing s the social process by which individuals and groups obtain what through creating and exchanging products and value with others. Chartered Institute of Marketing Marketing is the counselling process that identifies anticipates and satisfies customer requirements profitably. Difference between selling and marketing change Emphasis is on the product. gild first makes the product and hence figures out how to sell it. Management is sales volume oriented. intend is short run oriented, in terms of todays products and markets. Needs of sellers are stressed.

Marketing Emphasis is on customers wants. Company first determines customers wants and then figures out how to make and delivers a product to satisfy those wants. Management is profit oriented Planning is spacious run oriented, in terms of new products, tomorrows market, and future growth. Wants of buyers are stressed. What is marketing? 1 Marketing people are involved in marketing 10 types of entities: goods, services, experiences, events, persons, places, properties, organizations, information, and ideas. Goods - Physical goods puddle the bulk of most countries production and marketing effort. Services - counselling on the production of services.... If you want to get a generous essay, order it on our website:
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