- 16, Jun 2020
- #1
There are many different definitions of what marketing is. The most general and accurate can be formulated as follows: “Marketing is an activity whose goal is the cost-effective work of entrepreneurs through exchange.
Many researchers come to the conclusion that marketing is a process that begins with researching the market segment for which the company intends to work. This process begins with a study of the market segment for which the company intends to work.
The level of demand for the products that the company intends to produce, as well as the size of demand, is determined. In addition, a strategy for influencing demand through the price, product, distribution methods and methods of attracting interest in this product is being developed.
There are five basic marketing principles that must be followed for successful trading.
The first principle requires that the production and sale of goods occur in accordance with the needs of consumers, the market situation and the capabilities of the company.
Secondly, it is necessary to fully satisfy the needs of consumers, as well as correspond to the modern art and technical level.
The third principle recommends being on the market at a time when product sales can be most effective.
According to the fourth principle, constant updating of products is necessary.
And finally, the fifth principle states that the unity of tactics and strategies contribute to a quick response to a changing situation in the market, which is important for successful business.
By observing these principles, as well as with constant research and study of the market in the past, at the present moment and miscalculations of what the market will become in the future, it is possible to make your business successful and prosperous.
Many researchers come to the conclusion that marketing is a process that begins with researching the market segment for which the company intends to work. This process begins with a study of the market segment for which the company intends to work.
The level of demand for the products that the company intends to produce, as well as the size of demand, is determined. In addition, a strategy for influencing demand through the price, product, distribution methods and methods of attracting interest in this product is being developed.
There are five basic marketing principles that must be followed for successful trading.
The first principle requires that the production and sale of goods occur in accordance with the needs of consumers, the market situation and the capabilities of the company.
Secondly, it is necessary to fully satisfy the needs of consumers, as well as correspond to the modern art and technical level.
The third principle recommends being on the market at a time when product sales can be most effective.
According to the fourth principle, constant updating of products is necessary.
And finally, the fifth principle states that the unity of tactics and strategies contribute to a quick response to a changing situation in the market, which is important for successful business.
By observing these principles, as well as with constant research and study of the market in the past, at the present moment and miscalculations of what the market will become in the future, it is possible to make your business successful and prosperous.
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