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Introduction to Marketing (Paperback, 2nd Edition)
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Introduction to Marketing (Paperback, 2nd Edition)
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There are a number of misconceptions about marketing. Many assume
that it focuses on simply communicating the product or service the
organisation offers through activities like advertising. Marketing
is far more complex than this. It is a vital activity for the
success of any organisation. How do consumers become aware of
products and services? How do they know which product or service is
right for them? How do organisations know which products and
services their consumers would like to buy? The answer is through
the organisation's marketing efforts. This means that if the
marketing activity is not included at the beginning of the process,
the organisation may end up developing a product or service and
communicating about it in a way that does not resonate with its
target audience. This will have a serious impact on the
organisation's success. The marketing world is continuously
changing and Introduction to marketing addresses these changes by
discussing core concepts like understanding the environment that
the organisation operates in, analysing their competition,
understanding how consumers make decisions, conducting marketing
research, applying segmentation, targeting and positioning, the
process of developing and making decisions around products,
managing services, marketing channels, retailing, pricing,
promotions, branding, integrating communication efforts,
business-to-business marketing, marketing metrics, international
marketing and ethical considerations. These topics are fundamental
to any marketing professional or academic. The second edition of
this textbook provides updated discussions, examples and scenarios
that marketers are currently facing.
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