Marketing Definition and Importance - 1431 Words

Marketing Definition and Importance Marketing Definition and Importance The world of marketing is very diverse and can be defined and applied in many different ways. One person might be asked to give a definition of marketing and give a totally different definition than another person. Marketing importance to an organization can be different from one to the other depending on product line and ways in which the organization markets the product. In today’s paper one will look at two different definitions of marketing, the importance of marketing within an organization and three examples of marketing in the business world. First let’s look at definitions of marketing. Marketing is defined as the â€Å"Means to make a communication about a†¦show more content†¦(. http://tools.devshed.com/c/a/Website-Marketing/Importance-of-Marketing/2/, 2007) Examples of marketing in the real business world Examples of marketing are every where around us in every business organization, the examples just might seem different as there are many ways to market a product, let’s look at three different examples. The first is e-publishing,† E-publishing’ is becoming increasingly popular for business articles. Electronic publishers are capable of providing quick gratification for late night readers, especially with books that are not available with larger book retailers. Electronic publishers also provide books by new authors that are unlikely to be offered by or profitable for traditional publishers†.http://www.morebusiness.com/running_your_business/marketing/ (n.d.). Another example is social marketing, â€Å"Thanks to new advertising methods like Social Marketing, advertising doesn’t have to cost an arm and a leg any longer. In years gone by, advertising your product, service or any related program was a very hard and costly venture to take advantage of. In days’ past, putting together a successful marketing program meant you would have to browse through the Internet for hours on end searching for competing products and to make sure that yours is unique. Then, you would have to start networking in order to find suitable partners to attract traffic to your web site. Next, you would have to go about looking for affiliate orShow MoreRelatedDefining Marketing981 Words   |  4 PagesDefining Marketing What is marketing? More important, what importance does marketing have on an organization s success? In this paper, marketing will be defined. 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American Marketing Association. 2013,Available at www.marketinpower.com Kristie Loretta, 2014.The Importance of Marketing for the Success of a Business, Available at http://smallbusiness.chron.com/importance-marketing-success-business-589.html Govindaraj J. Lecture and Module leader, 2014, St. Patricks International Colleague, stponline.com Pizza ExpressRead MoreDefining Marketing Paper1010 Words   |  5 PagesDEFINING MARKETING PAPER Defining Marketing Paper Bonnie Garcia University of Phoenix Marketing is an important part of the business organization; it is more than just promoting and selling a product. Marketing is gratifying the changing needs of the customer. This can be best summed up by the very successful businessman Bill Gates when he quoted, Your most unhappy customers are your greatest source of learning . The purpose of this paper is to define marketing from