Thursday, 22 September 2011

Meaning of marketing


·       Marketing is an organizational function and a set of process for creating, communicating, and delivering value to customer and for managing customer relationship in ways that benefit the organization and its stake holders.
·       Marketing means creating desire in the mind of the customer to avail the product and also creating more and more customer along with product demand.
·       Today market is not only creating demand for a product but to avail the product into each corner of the market.
·       A marketer should Market a product in such type of way if a customer need product so, that names comes first into their  mind.

·       In today’s competitive world the duty of a marketer is not only delivering the product but also create such network so that within half an hour he’ll be available to retailer or wholesalers at any cost.
·       Marketing can be anything it can be of Goods, services, Events, Enterprises, Persons, Place, Properties, Organizations, Information, Ideas and so on.
·       We can’t market such product which is necessity goods and stand alone in the market and also has not substitute in the market.



How marketing helps:-
Increase the demand of product/Services in the market.
 Helps in Increase Company’s revenue in the market.
Helps in Increase no. of customers.
Strengthen to a product.
Helps to know customer behavior



·       "A company never makes a brand popular but a brand makes a company popular."

·       "A product is not known by a Company but a company is known by a product."