Why Marketing is the best field today
Marketing has different types -- from Database Marketing to social media marketing, it’s very vast.
Marketing is
profitably using the result of studying short term and long term needs of those
who can pay for a one time, or in most cases, a steady flow of service or
product placement. In 2017 The New York Times describes it as the art of
telling stories so enthralling that people lose track of their wallets.
It is one of
the primary components of business management. Marketers can direct their
product to other business (B2B marketing) or directly to consumers (B2C marketing).
who is being marketed to, several factors apply , including the perspective the
marketers will use. Known as market orientations, they determine how marketers
will approach the planning stage of marketing.
The
Marketing MIX, which outlines the specifics of the product and how it will be
sold, is affected by the environment surrounding the product, the result of marketing
research and marketing search, and the characteristics of the product target
market. Once these factors are determined, marketers must then decide what
methods will be used to promote the
product, including use of coupons and price inducement.
The term
marketing, what is commonly known as attracting customers, incorporates
knowledge gained by studying the management of exchange relationships and is
the business process of identifying , anticipating and satisfying customers
needs and wants.

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