Thursday, May 9, 2019
Marketing in real world Research Paper Example | Topics and Well Written Essays - 1000 words
selling in real world - Research Paper ExampleMarketing is all about achieving ships comp eithers objectives and becoming more effective than competitors in an industry done various means such as communicating customer value. Target market, marketers and what is being marketed are the most important elements that comprise marketing. It burn down in any case be said that marketing is a social process that ensures persons and groups satisfaction via creation and transfigure of goods and value with others (Burrow & Bosiljevac, 2009). There are several activities that re involved in marketing that can compel customer buy a particular product or service. For instance, a company may ensconce to design their products in a way that it looks desirable to a client through market search and pricing. Also a company may lower damage of their products and let their customers learn about the price change as well as making the product available to the potential customers (Silk, 2006). Add itionally, it should be mention that marketing finds, anticipates and satisfies buyers competently and gainfully. Marketing entails clear understanding, creation as well as delivery of remunerative value to the target market in a way that is superior to competitors style. ... However, these condescension organizations can also adapt other short-term marketing strategies, which are focused to cope with the level of competition in the market. These types of marketing strategies are of great importance as the prime goal of any business is to maximize profit and ensure survival in any business environment. Marketing just like any other business function has really improved collectable to technological changes (Sheth & Sisodia, 2006). The internet has been the greatest alteration in the modern era for many business owners. It has contributed tremendously for most changes in the way business is done in the global market. Most businesses are using the internet as an effective and cos t-effective way to reach out to many customers. Most businesses are now using the internet to not only advertise, but also to communicate with customers thus boosting their sales. An area that has experienced great change due to internet revolution is advertising (Burrow & Bosiljevac, 2009). The internet is able to provide specific advertisements to target internet users through advertising such as through AdSence managed by Google. Companies have also changed from subscription service advertising to lay off content advertising in a move aimed at achieving huge numbers of targeted audiences. In addition, sales and marketing through the internet has promoted transparency in the way businesses conduct their activities. Transparency has now been adopt as a new selling and marketing strategy (Silk, 2006). Furthermore social media marketing is gaining website word or awareness via twitter, face book, and blogging. Social media marketing programs more often than not strive to
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