Monday 21 November 2016

Introduction to Marketing


Marketing:

The action or business of promoting and selling products or services, including market research and advertising.








Marketing Mix:

Product:  Comprehensive     Place: Distribution     Promotion: Communication
                        Research                     Location                                  Advertising
                        Branding                     Transportation                        Personal Selling
                        Packaging                    Value chain                             Sales Promotions
                        Benefits                       Storage

Price: Distribution
            Customer willing/able to pay
            Competitive
            Profitable to organization and channel members (stake holders)




Digital Marketing:

Digital Marketing is the cognitive approach to advertise your products or brands through various virtual digital platforms to meet business goals.