Welcome to Principles of Marketing! Some people may mistakenly believe
that marketing skills can only be applied to marketing tasks, but the fact is
that marketing isn’t only for marketers.
About
Description
Arianna's Books
Audio
Authors:
MARIA GOMEZ ALBRECHT,MARK GREEN,LINDA HOFFMAN
Genre:
Marketing
Language:
English
Pages:
713
Price:
FREE
When you ask a group of people, “What’s marketing?” most people will answer “advertising” or “selling.” It’s
true that both of these functions are part of marketing, but marketing is also so much more. The American
Marketing Association (AMA) defines marketing as “the activity, set of institutions, and processes for creating,
communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and
society at large.”6 That’s kind of a mouthful, so let’s see if we can simplify it a bit.
At its most basic level, marketing is made up of every process involved in moving a product or service from
the organization to the consumer. It includes discerning the needs of customers, developing products or
services to meet those needs, identifying who is likely to purchase the products or services, promoting them,
and moving them through the appropriate distribution channels to reach those customers. Marketing, quite
simply, is about understanding what your customers want and using that understanding to drive the business.