Difference between revisions of "Marketing"

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(Market)
(Marketing function)
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===Marketing function===
 
===Marketing function===
*# ''Marketing'', choice, [[competitive strategy]], [[product strategy]], [[product lifecycle]]
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*# ''Marketing'', [[buyer choice]], [[competitive strategy]], [[product strategy]], [[product lifecycle]]
 
*# [[Competitive advantage]], [[marketing intelligence]], communications vs sales vs production vs product marketing, [[supply chain]]
 
*# [[Competitive advantage]], [[marketing intelligence]], communications vs sales vs production vs product marketing, [[supply chain]]
 
*# [[Market segmentation]], [[target market]], [[BCG matrix]]
 
*# [[Market segmentation]], [[target market]], [[BCG matrix]]

Revision as of 20:00, 9 May 2023

Marketing is a set of endeavors that an market actor undertakes to complete a market exchange.


Definitions

According to Marketing Management by Keller and Kotler (15th edition),

Marketing. The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

According to Juran's Quality Handbook by Defeo (7th edition),

Marketing. The process of promotion, including activities to provide product labeling for warnings, dangers, antidotes; training of the field force in the contract provisions; supplying of safety information to distributors and dealers; setup of exhibits on safety procedures; conducting of tests after installation and training of users in safety; publication of a list of dos and don’ts relative to safety; establishment of a customer relations climate that minimizes animosity and claims.

According to Managerial Accounting by Braun, Tietz (5th edition),

Marketing. Promotion and advertising of products or services.

According to the ASME EMBOK,

Marketing. Strategies and activities that focus on assessing the needs and wants of potential customers and then meeting those needs.

Core concepts

Market

Engagements

Communications

Marketing function