Defining Marketing

IntroductionWhat does merchandise mean? How is it significant to an organization? The term merchandising in a conversation tends to trigger thoughts of sales and/or advertising. Even though both of the functions are intimately involved with the merchandising process, it would be incorrect to believe that is all that merchandise focuses on. The much larger, demanding, and competitive markets have forced organizations to re-define merchandise in a whole new light and thus judge on the marketing function to keep an organizations competitive fudge marketplace. This paper will define this writer?s devour of marketing as well as discuss or so well established comments of marketing. This paper will also snub the importance of marketing has to organizational success. In addition, three unalike examples from the business world will demonstrate the effect of marketing to organizational success. Marketing DefinitionsPersonal definition of marketing is that marketing is a d epartment within an organization that is responsible for identifying potential changes in the market and developing plans for exposure in that market by researching, compiling, developing, initiating, monitoring, and fostering relationships both internally and externally. It is the function of business that promotes and focuses the rot to the buyers most in needs or want of particular(a) product or serve. Marketing is very important to the success of a company or product because if the product or service does not fit the right market or customer, past sales and revenue will suffer. According to the text, rudimentary Marketing, marketing is the performance of activities that seek to accomplish an organization?s objectives by anticipating customer or client needs and say a flow of need-satisfying goods and services from producer to customer or client? (Perreault and McCarthy, 2005). The American Marketing Association polish offers the following clod definition: ?Marketing is an organizational function and a tick of! f of processes for creating, If you want to get a full essay, order it on our website: OrderEssay.net

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