Marketing is an activity that creates value for customers, clients, partners, and society at large
Show Ahmed El-Masry Ahmed El-MasryHelping EMEA South organizations to implement their Customer Journey on CloudPublished Apr 28, 2016 Marketing comes in a wide variety of flavors based on audience, media platform and business in today’s evolving and dynamic marketplace. Therefore, it’s no surprise that marketers define what they do differently. In many interviews, the interviewer asks: But actually there's no academic definition of marketing can describe marketing correctly because as we said earlier, Marketing comes in a wide variety of flavors based on audience and as simple as that we can define marketing in one word which is: Differentiation. "There's no longer time for Customer service, it's time to delight" Philip Kotler So, it's time for you to decide how to become different than all providers and producers to your customers in a unique way that would add a value for each user of your product or service. "Marketing is a mental, psychological, mathematical
and physical science" This was a brief about marketing definitions and concepts, below you would find a list of marketing definitions that would help you to understand more:
By the end of this list, you would be capable of making your own definition of Marketing, if you were capable to do that then, congratulation you are on the right track.
Others also viewedExplore topicsHow does marketing create value for the consumer the company and society?Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.
What is Philip Kotler definition of marketing?In 2012, Dr Philip Kotler defined marketing as “The science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit.
Why marketing is called the value creation process?Value creation from sales and marketing. Selling communicates value to customers so they recognize it and are willing to pay for it. Profits come from both the creation of value in production or service delivery and communication of value through your sales process.
What are the purposes of marketing?The key purpose of marketing is to get people interested in the products or services of a company. This happens through market analysis, research, and contemplating the interest of a business's ideal customers and attracting them through messaging which would be educational and helpful to a business's target group.
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