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PRINCIPLES

OF
MARKETING
INTRODUCTION
OF MARKETING
Introduction….

 They are the best


 I always eat there
 I only travel with that bus service
 I buy my garments from there
 I will prefer to go that University
Intro….
l e s
sa
g c t m a i l E-c o m m
r t i s i n Di r e e rc e
v e y
Ad Promot Deliver
ion e ar c h
Bill s e r v i ces R e s
B oa Sponsorship g
rd p p in
Sh o
Catalogues s
o n u p o n ic i n g
e l a t i C o P r
ic R P
Publ i li n g ackagin
g
Reta
What is Marketing

Process of creating consumer value in


the form of goods and services that can
approved consumer life
Cont…

Identifying and satisfying customer


needs.
How customers are created?
 Identify customer’s need
 Design the product or service to satisfy the
need
 Communicate the product information to
customer
 Make the product available
What is Marketing
Availability of
• Right Product
• Right Place
• Right time
Make sure customer Is aware of product
Marketing (Philip Kotler)

Marketing is a social and managerial


process whereby individuals and groups
obtain what they need and want through
creating and exchanging products and
values with others.
Marketing (Stanton)

Marketing is a total system of business


activities designed to plane price promote
and distribute want satisfying products to
target markets to achieve organizational
objectives.
Marketing (AMA)
)
(American Marketing Association

Marketing is a performance of business


activities that direct the flow of goods and
services to the customers and the users.
Goals of Marketing

 Attract new customer by offering by


promising superior value
 keep and grow current customers by
delivering satisfaction.
Simple Marketing System

Communication
product\Service

Price
Producer Customer

Feed Back
THINK

 Learning to make what u can sell or selling


what u can make
 Delivery of customer satisfaction at profit

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