Definition Of Marketing Marketing Essay - 9454 Words

Assignment: - 7455 Contents TASK 1 1 Task 2 5 Task 3 7 TASK 1 1.1 Definition of marketing: - marketing is defined as action of company any promotion and selling their product, service including research and advertising is called marketing. Company can buy and selling their product all that is marketing. (www.businessdictionary.co.nz, 2015) 4 p’s of marketing. 1. Product: - Customer can buy something that they want for full fill their need. Customer should satisfy if they get the entire feature from the product and with good service. If the product does not meet the need of the customer then customer can not satisfied. Product should be useful. 2. Price: - Do the pricing according to the feature or need of product and how much your price or your competitor and compared with other competitor and also give the profit margin to the organisation by increasing or decreasing price. 3. Place: - location is major point where company will do any business. Company should know about all the Economy, population, culture and Environment. 4. Promotion: - Promotion is that when organisation across their message to your target. Choosing the right time for advertising, there are some ways to promote the business like online advertising, newspaper, radio and fix the banners onShow MoreRelatedDefinition Of Marketing : Marketing Essay3135 Words   |  13 Pages Unit Standard – 7455 Name – Gurpreet Bhatia Student Id – ND14414 Email Id – gurpreetbhatia0009@yahoo.co.nz Task 1 1.1 Definition of Marketing – Marketing can be defined as the process of converting wants into needs. In other words it can be defined as the process of selling products or services to the customers by an organisation. 4 P’S of Marketing 1. Product – Product can be defined as the goods or services which is made to fulfil customer’s demands and needs. 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