Marketing definition: The process where good and services move from the idea to the consumer. This includes the coordination of four elements called the 4 P's of marketing:
(1) identification, selection and development of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the costumer's place, and
(4) development and implementation of a promotional strategy.
Marketing uses consumer behavior to meet its end goal by, meeting the consumers needs and wants. Its main objective is to achieve goals and maintain costumer appreciation and respect. To catch the eye of the costumer by coming up with new ways to promote the product is key. The costumer sees the new product and creates a need and want to buy the product. You can use the methods of marketing such as psychological influences, social influences, encomic influences, stimulus influences, and the role of marketing. Companies use psychological influences to satisfy the costumers needs and wants and to determain what they want. Companies use social influences to target a certain audience of people. Companies use economic influences to see the price of the product and other products. Companies usestimulus influences ny grabbing the audiences attention, make them interested, give them the disire to buy it, and finally to the point where they buy the product. to technically marketing uses cunsumer behavior by appealing to a specific genre of costumers such as age group, gender, colture, and location.
(1) identification, selection and development of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the costumer's place, and
(4) development and implementation of a promotional strategy.
Marketing uses consumer behavior to meet its end goal by, meeting the consumers needs and wants. Its main objective is to achieve goals and maintain costumer appreciation and respect. To catch the eye of the costumer by coming up with new ways to promote the product is key. The costumer sees the new product and creates a need and want to buy the product. You can use the methods of marketing such as psychological influences, social influences, encomic influences, stimulus influences, and the role of marketing. Companies use psychological influences to satisfy the costumers needs and wants and to determain what they want. Companies use social influences to target a certain audience of people. Companies use economic influences to see the price of the product and other products. Companies usestimulus influences ny grabbing the audiences attention, make them interested, give them the disire to buy it, and finally to the point where they buy the product. to technically marketing uses cunsumer behavior by appealing to a specific genre of costumers such as age group, gender, colture, and location.