ENTREPRENEURSHIP

Detailed explanation-1: -Marketing is about planning and executing the development, pricing, distribution and promotion of products and services to satisfy the needs of your customers. The main role of marketing is to deliver customer value to attracting new customers and keeping existing ones. This is achieved by: knowing what customers need.

Detailed explanation-2: -What Is Marketing? Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.

Detailed explanation-3: -The American Marketing Association (AMA) defines marketing as “the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational objectives."

Detailed explanation-4: -Marketing is a process by which a product or service is introduced and promoted to potential customers. Without marketing, your business may offer the best products or services in your industry, but none of your potential customers would know about it.

Detailed explanation-5: -Product promotion is the process of marketing a new or featured item or service to consumers. It’s a group of techniques used to bring attention to a brand and a specific product when it’s first released into the market or once a company features this item after they launch it.