Submitted by Amrinder Singh ND15207 7455
Task 1
Marketing
Marketing is the process in which goods and services moves from concept to customer and in which wants changes into needs. Lots of people thinks marketing is just about advertise and sales but marketing are something that connects with customer and maintain a good relationship.
Four Piece of Marketing
• Product = A product is something that satisfy a customer demand. When developing a product we need to consider quality, design, feature, packaging, customer services and after sales services.
• Price = Price is something that matters to both company customers. It also has great impact on sales and marketing strategies.
• Place = Place play an important role in the company as location matters most. If the location is near the city, town, etc then there is more sales and it matter more for customers.
• Promotion = Promotion refers to communicating the benefit and value of product to customers. It is the positive status for the company as the sales depend on how good is the promotion.
Holistic Marketing
(Holistic marketing, 2015)
Marketing Research
Marketing research is something like talking and listening with people, doing survey, meetings and making good decision and reduces the risk of business failure. Each and every company needs to have marketing research to see where the company
It seems ambiguous whether the Kindle Fire can be categorized as a tablet or e-reader. Nowadays, these two terms are looking and performing quite similarly thus making it difficult to tell them apart. There are some important differences between the two that will prove useful in making this distinction. The first is screen size as the Kindle Fire has a 7-ich screen, which is consistent with most other e-readers. In contrast, tablets come in a range of sizes but some of the more popular ones such as the i-Pad can have 10-iche screens. Another
Marketing is about understanding and acknowledging the needs of customers and leaving an impact on developing the absolute best product to meet their needs by the business. Marketing comes into account for any business and how they can develop to be the best and deliver the best customer satisfaction.
Promotion is a way company communicates messages on what the pruct does and what does the product can offer customers. It includes below elements:
Marketing – The process of creating, distributing, promoting, and pricing goods, services, and ideas to facilitate satisfying exchange relationships with customers and develop and maintain favorable relationships with stakeholders in a dynamic environment.
Definition of marketing is the management process through which goods and services move from concept to the customer. For example, new Apple products are developed to include improved applications and systems, are set at different prices depending on how much capability the customer desires, and are sold in places where other Apple products are sold. Marketing is based on thinking about the business in terms of customer needs and their satisfaction.
Marketing is the activity and process for creating, communicating, delivering, and exchange a product or service; which has values for the customers/clients. Overall it is an integrated process which builds customer relationship and creates an identity for their customers and themselves.
There are many options to careers in marketing, but how do you know which one is right for you? Marketing can be defined as being the intermediary function between product development and sales. Think of it as the storehouse for such things as advertising, public relations, media planning, sales strategy, and more. It 's the marketing professionals job to create, manage, and enhance brands.
Marketing is a process by which companies create value for customers and build strong customer relationships to capture value from customers in return .
Product-product is that the product and services that your business provides available to your target market. Once developing a product you must think about quality, design, features, packaging, and client service.
In a retail marketing mix, location is very important. The place is part of the biggest investments of the business person, as it has to be located in an easily reachable location. The more accessible a place is, the more expensive it is to get it. And also, the location includes the nearest competition.
Promotion: when you have a product and you set the price last step is to promote the product in other word to show the general public or customers that these products are available and some of its benefits. Promotion can be done through social media, banners, advertisement on TVs, radios etc.
Explaining in my own words mean when a person starts their own business they have to advertise and promote their product to sell them and make profit.
Product- Product is anything that is in market for sale and which should solve the needs of customers. Product should be well packed and should be visually interesting.
Marketing is an essentially about marshalling the resources of the organization so that they can meet the changing needs of the customers on whom the organization depends. As a verb, marketing is all about how an organization addresses its markets. Marketing is “The management process which identifies, anticipates and supplies the customer requirements efficiently and profitability”.
Product – Product can be defined as the goods or services which is made to fulfil customer’s demands and needs. While making the product company should take care about its quality and features must be according to the customer’s needs to satisfy them.