Week 1 Ind Marketing 421

merchandise is an essential part of any businesses success. Making a marketing plan to promote the product being construct or sold is essential to the survival of the order. If a company creates a plan, then there is a process to unplowed when trying to reach a sales goal. The process is Product, feel what you argon selling and all the pros and cons of the product. distinguish a Price, How much is this product worth, research the competitions price and contrast quality. Where are you selling this? What Kind of place does this product wear in the surroundings, what is the community like, where will it be sold? at long last is promotion, how will the company promote the product to catch the eyeball of the target audience? What are the ages, sex, social status, income and educational take of the target audience? These marketing techniques will help a company reach their sales goal if the different areas are researched and implemented with care and know how.
According to the American market Association, The raw(a) definition of marketing is Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that possess value for customers, clients, partners, and society at large.



(American Marketing Association, 2007) The AMA Board of Directors create a committee to limited review three goals for the AMA members to update the commentary of Marketing. The three critical goals were: transparency, broad participation and continuity. The alleviation of the process was explainf as fallows: The process was furthered by publicizing the review and encouraging people to provide input via feedback through Marketing News and email surveys to members. While the committee had the option to cast the current definition or produce a rewrite one, they chose to revise the definition based on member input.The new definition was the subject of two surveys sent to members and 80 part of them held a favorable opinion of the definition. Lastly, the AMA...If you want to get a full essay, order it on our website: Orderessay



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