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Thursday, February 14, 2013

Brief Explanation Of Marketing

Marketing is a collective of, what marketers call the four Ps. The Ps are Product,
Pricing, Promotion, Place (distribution). The four Ps relate to the client
Because marketing is the most customer-focused vocalization of a company and
ultimately is looking for customer gladness by supporting customers needs and
wants. This leads us into mutual kin between the customer and
company, the customer, will pay money for a product (service), In exchange the
company makes a gain ground off the customer.

Marketings role in line of work is to promote customer satisfaction if a company stand
effectively obtain customer satisfaction through approximate marketing. It will be
successful in creating customer loyalty. erstwhile this takes place the customer
will come back over again and again. The customer then becomes a promoter of the
company , and the much satisfied customers the company makes, the more
they buy, making for more profit for the company.

Marketing makes for happy owners / shareholders through honest marketing if a
product is marketed well, and is received well by the customer knowing that the
customer satisfaction is high, it creates a high-priced name for the company. Giving
peace of mind to the owners.

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Value hint means what the customer gets from the company but is
intangible, it is held in the customers mind, ie. When somebody goes to buy a car ,
they go to one dealership maybe they have a negative experience uniform a salesman
being pushy about leasing a fomite they would feel like they are forcing them to
buy. Then they go to some other dealership and they find it has a genuine friendly
atmosphere, putting the customer first, something different, defining them from
the other dealership, ultimately giving the customer a unique experience

Knowing the customer is important to a company because it has such a great
impact on the success of the company. Because into today competitive markets
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