Marketing Saves Your Business Soul

What Is Marketing?

Marketing refers to actions assumed by a company to sponsor the buying or selling of a product or service. Marketing includes advertising, selling, and distributing products to consumers or other businesses. Some marketing is done by connects on behalf of a company.

Marketing is the business development of making relationships with and satisfying customers.

Because marketing is used to attract customers, it is one of the primary function of business organization & commerce.

How Marketing Works

 

Product

Product refers to a point or items the business strategies to offer to buyer. The product should seek to fulfill a lack in the marketplace, or satisfy buyer demand for a better amount of a product already available.

Price

Companies must also study the price of competing products in the marketplace and whether their recommended price point is sufficient to represent a practical alternative for buyers.

Place

Place refers to the distribution of the product. Key attentions include whether the company will sell the product through a physical storefront, online, or through both distribution channels.

Promotion

Promotion includes a selection of activities such as advertising, selling, sales promotions, public relations, direct marketing, and sponsorship.

Marketing strategy

1.      Understand  the customer needs

2.      Analyses the market

3.      Analyses the competition

4.      Demission the market position   

5.      Marketing budget

6.      Run the planning  

7.      Types of Marketing  

1.      Ambush marketing 

2.      Article marketing 

3.      Business to business [B2B] marketing 

4.      Business to consumer [B2C] marketing 

5.      Business to people [B2P] marketing 

6.      Call center marketing 

7.      Channel marketing 

8.      Database marketing 

9.      Direct marketing 

10.  Mail marketing 

11.  Door-to-door marketing 

12.  Event marketing 

13.  Informational marketing 

14.  In-game marketing 

15.  In-store marketing 

16.  Interactive marketing 

17.  International marketing 

18.  Internet marketing 

19.  Local marketing 

20.  Mobile marketing 

21.  Network marketing

22.  Online marketing

23.  Place marketing

24.  Promotional marketing

25.  Scientific marketing

26.  Seasonal marketing

27.  Search marketing

28.  Services marketing

29.  Social marketing

30.  Social media marketing

31.  Sports marketing

32.  Targeted marketing

33.  Technical marketing

34.  Telemarketing

35.  Test-driven marketing

36.  Video marketing

37.  Viral marketing

Voice marketing