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Friday, September 13, 2013

Define Marketing

Merriam-Websters Dictionary defines market as the act or process of selling or purchasing in a market; it is the process or technique of promoting, selling and the distribution of a harvest-tide or service (Merriam-Webster, 2012). The Business Dictionary defines selling as the management process in which goods and services ar moved from its initial concept to the consumer (Business Dictionary, 2012). If I had to define trade, I would define it as the act or process of not exactly planning, but implementing of the pricing, promotion, of goods and or services in cast egress for a profit. When it comes to the relationship between the return offered to consumers and marketing, the two indwelling go hand in hand. The core success of some(prenominal)(prenominal) agreement relies heavily on how they market their wareion. When marketing a product an agreement must take into consideration not barely the different aspects of marketing that ma ke up the marketing as a whole, they must take into consideration the five functions of marketing that consist of hold fastting the word out, increased sales, the reputation of the organization, the competitor, and whatsoever consideration (Lorette, 2012).
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Organizations utilize their product, how it is priced, where the product is placed, can consumers easily approach path it, and is it promoted, marketed, correctly. When promoting or marketing the product determine the type of marketing they go out utilize to best market the product, the organization may intent media outlets such as television commercials, adve rtize in the local newspapers or in magazin! es, by get by and more usu anyy used as a major marketing tool, the internet. This is all in part to get the word out , allow consumers know that the product exists. Strategic marketing of the product not only builds the product awareness, but as a result of make consumers aware of the product increases the probability that the product will be purchased by consumers. The reputation of an...If you want to get a undecomposed essay, order it on our website: OrderCustomPaper.com

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