Marketing serves as a big necessity to the successful role of rail line. Improper market tactics or poor marketing analysis may prove to be a throttle to unsuccessful business ventures. Successful businesses are sure to honor marketing tactics and info organized and up to regard to keep a competitive edge in the rapidly changing business environment. The contents of this paper impart tolerate several interpretations of marketing. The first of which is a personal definition. The additional definitions allow for muster up from two different sources. In addition, there will be a brief explanation based on those definitions, about the importance of marketing in organizational success. include with the explanation will be three, real life business examples.
Personal Definition of MarketingThere are a few meanings that come to my mind when thinking of trying to define marketing. The initial definition I would give would be that marketing involves advertising and collaborating on new ideas to help promote a product or service. To me this can mean product packaging, product aesthetics, or advertizement through commercials, print ads, and coupons. However, behind all that I spot that marketing also involves highly developed processes in which data is gathered to analyze how a product can fusillade into the consumer market and appeal to the wants and needs of specific consumers.
Other Definitions of MarketingSusan protect a guide for About.
com defines marketing as ?the process of provoke potential customers and clients in your products and/or services? (n.d., para. 1). Ward goes on further to explain that the emphasis should be on the condition ?process? in her working definition because marketing involves research, promotion, sales, and scattering of the products or services (n.d.). Another definition of marketing comes from Investopedia in which they state that marketing are ?the activities of a company associated with buy and selling a...
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