September 25th, 2008
What is Marketing
To get the expected result you must have:
- The knowledge of potential customers or the state of market that exists.
- Your target Area or your target market
- What are the needs of your consumers, what kind of products or services you shall develop to match their need?
- In what ways customer prefer to use your products or Services.
- Who are your competitors & what are they doing to gain an upper hand.
- What should be your prices & approach of sale according to market trend?
- How your target market make a choice to access your product or services.
- How your consumers will pay & how much are they willing to pay?
- How can you make your products differ & better than your competitor, so that they shall buy from you & not from your other competitor.
- How the company or products should be identified – personality -to be most identifiable i.e. naming and branding
- In what ways the products of the company shall be identified. i.e. Branding , Naming , Marketing
- Ongoing campaigns, which can include advertising, public relations, sales and customer service
- Last but not the least, Ongoing Campaigns, it includes all the ways that could help in your product promotion & increasing the sale.
After all marketing is not about losing the sight over the basics. Being focused on the customer demand & requirement, and then finding out the ways on how to achieve them in a responsible manner is the fundamental way of making profits for a long period.
Posted by admin
Email This Post
No comments









