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Thursday, September 1, 2011

Understanding marketing

| Thursday, September 1, 2011 | 0 comments


A. understanding Marketing

There are several definitions of marketing are:

a. Philip Kotler (Marketing) Marketing is human activity that is geared to meet the needs and wants through exchange processes.

b. According to Philip Kotler and Armstrong is marketing as a social and managerial process that makes individuals and groups obtain what they need and want through creating and exchanging products and value reciprocity with others.

c. Marketing is a total system of business activities designed to plan, pricing, promotion and distribution of goods which can satisfy the desire and achieve the target market and company goals.

d. According to W Stanton marketing is a whole system of activities aimed at planning, pricing, promoting and distributing goods and services that can satisfy the needs of buyers and potential buyers.

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