MarketingScope and Importance of Marketing Management We define marketing management as the analysis, planning, implementation and control of programs designed to create, build and maintain beneficial exchanges with target buyers for…
MarketingDistinguish between Societal and Holistic Marketing Concept Societal marketing concept: the societal marketing concept holds that the organization’s task is to determine the needs, wants and interest of target markets and to…
MarketingHolistic Marketing The holistic marketing is probably the newest approach to marketing and the updated business concept that is originated as a response to fundamental changes in the…
MarketingDifferent Philosophies of Marketing Management Every company can have diverse thoughts or philosophy. Marketing concepts are determined by clear objectives like cost competence, product eminence, customer’s need accomplishment, etc. Marketing…
MarketingMarketing Management is Demand Management – Statement Explanation Marketing Management is Demand Management Production and logistics manage supply and marketers manage demand. Marketing management is the procedure of planning, organizing, implementing and controlling…
MarketingComparison among Needs, Wants and Demands with an example Comparison among Needs, Wants and Demands with an example Needs wants and demands are a part of basic marketing principles. Though they are 3 simple…
MarketingFour Pillars of Marketing Concept The marketing concept holds that the key to achieving organizational goals consists of being more effective than competitors in integrating marketing activities toward determining and…
MarketingImportance of Marketing in a Competitive Market The heart of your business success lies in its marketing. Most aspects of your business depend on successful marketing. It will provide you with all…
MarketingWhat is marketing mix? A mixture of several ideas and plans followed by a marketing representative to promote a particular product or brand is called marketing mix. Several concepts…
MarketingThe Marketing Process Marketing is the process in which advertisers attempt to create profitable relationships with consumers while establishing a profit for their goods or services. In addition…