The document outlines several key topics of marketing including advertising, marketing strategy, social media marketing, brand management, new product development, and consumer behavior. Advertising aims to promote products and services to consumers, while marketing strategy involves understanding customer needs and creating a plan to reach target audiences. New product development encompasses all steps from idea generation through commercialization to bring new offerings to market.
The document outlines several key topics of marketing including advertising, marketing strategy, social media marketing, brand management, new product development, and consumer behavior. Advertising aims to promote products and services to consumers, while marketing strategy involves understanding customer needs and creating a plan to reach target audiences. New product development encompasses all steps from idea generation through commercialization to bring new offerings to market.
The document outlines several key topics of marketing including advertising, marketing strategy, social media marketing, brand management, new product development, and consumer behavior. Advertising aims to promote products and services to consumers, while marketing strategy involves understanding customer needs and creating a plan to reach target audiences. New product development encompasses all steps from idea generation through commercialization to bring new offerings to market.
The document outlines several key topics of marketing including advertising, marketing strategy, social media marketing, brand management, new product development, and consumer behavior. Advertising aims to promote products and services to consumers, while marketing strategy involves understanding customer needs and creating a plan to reach target audiences. New product development encompasses all steps from idea generation through commercialization to bring new offerings to market.
Advertising is the practice and techniques employed to bring attention to a product In simple terms, is the process of creating and bringing a or service. Advertising aims to put a product or service in the spotlight in hopes of completely new product to the market. It involves all the drawing it attention from consumers. steps from idea generation to product launch. This Marketing strategy process typically includes: In simple terms, a marketing strategy is a plan or approach that a business uses to 1. Idea Generation: Coming up with new and promote and sell its products or services. It involves identifying target customers, innovative ideas for a product. understanding their needs and preferences, and then creating a plan to reach and 2. Idea Screening: Evaluating and selecting the most convince them to choose the company's offerings over those of competitors. promising ideas based on various criteria. Social media marketing 3. Concept Development and Testing: Developing Social media marketing is a way for businesses to promote their products or services detailed concepts and testing them with potential on social media platforms. It involves creating and sharing content on platforms like customers to gather feedback. Facebook, Instagram, Twitter, and others to engage with the target audience. The 4. Business Analysis: Evaluating the potential goal is to build brand awareness, connect with customers, and drive traffic or sales profitability and feasibility of the product. through social media channels. 5. Prototype Development: Creating a prototype or Brand management sample of the product for further testing and Brand management, in simple words, is the process of overseeing and controlling the refinement. various aspects of a brand to ensure it is perceived positively by its target audience. 6. Market Testing: Introducing the product to a Marketing communications limited market to assess its performance and Consumer behavior gather additional feedback. Refers to how a person or a business treats the people who buy or use their products 7. Commercialization: Launching the product into or services. It involves actions, attitudes, and communication that can make the full market, including production, distribution, customers feel valued, respected, and satisfied. and marketing efforts. 1. Furthermore: Adds information or emphasizes a point. Example: She excels in math, and furthermore, she enjoys solving complex problems. 2. Hence: Shows a consequence or result. Example: The car broke down; hence, we had to call for a tow truck. 3. Similarly: Indicates a similarity or comparison. Example: She plays the piano well; similarly, her brother excels at the violin. 4. Otherwise: Implies an alternative or different course of action. Example: Study hard; otherwise, you might not pass the exam. 5. Meanwhile: Indicates a period of time concurrent with another activity. Example: He was reading a book; meanwhile, she was watching TV. 6. In addition: Adds another point. Example: The hotel has a swimming pool, and in addition, a fitness center.