Sunday, August 26, 2012

Marketing

Marketing is demand management. it simulates demand for products. It helps organizations to understand what their customers want. It helps to decide what products should be offered to satisfy their wants.
Marketing is concerned not only with attracting customers but also with retaining customers. Value attracts customers . Satisfaction retains customers. Marketing is carried on long after the customers has brought the product. ( Link building service )  It aims to develop long term relationships to keep the customers satisfied and loyal.
According to American marketing Association
Marketing is the process of planning and executing the conception ,pricing,promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals.

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