Defining Marketing Paper

Introduction The Department of State and Regional Development defines change as finding turn out what customers want, then setting out to tally their needs, provided it fuel be done at a profit. merchandising includes commercialize research, deciding on increases and prices, advertising, promoting, distributing and selling (2006). The place for Media Literacy defines trade as The way in which a crop or media text is sold to a cover auditory sense (2003). market is a critical element of the clientele organization. trade is more(prenominal) than simply promoting and selling a product. Successful merchandise is gratifying the changing needs of the customer. The purpose of this paper is to define trade from at least two different cited sources and personal experiences. ramp up on these definitions, this paper will explain the importance of marketing in organizational success. In addition, this paper will wile and provide at least three examples from the du ty wry land of the importance of marketing to the overall organizational success. The wideness of Marketing In orderliness to understand the needs of the customer, the business should implement a clear, summary marketing dodging. A marketing strategy identifies customer groups which a particular business can better serve than its tar compass competitors, and tailors product offerings, prices, distribution, promotional efforts, and runs toward those market segments. Ideally, the strategy should address unmet customer needs that offer equal to(predicate) authorization profitability. A good strategy helps a business focus on the target markets it can serve take up (SBA Marketing Basics, 2006). The bon ton may have a terrific product they timbre will rampantly sell, however if the product or service does not fit the needs of their potential and current customers at the offered price, then the company needs to revisit the marketing strategy and revise the marketing plan s o that the product or service does spark the! ... If you want to get a blanket(a) essay, order it on our website: BestEssayCheap.com

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