Marketing can be defined as a management process. This process involves services and goods. The offerings move from the concept and into the hands of a customer. Marketing must be coordinated effectively. There are four key components within the marketing area. Product, price, place and promotional strategy are the four necessary elements in marketing. Every product has a price. The product needs a place to be purchased and seen by a prospective customer. A strategy to sell products must be considered. There is much involved with the marketing aspect within a business. Marketing can, indeed be viewed as a management process that can lead to success for a business. There are so many marvelous marketing methods to choose from.
Creating Relationships and Keeping the Customers Satisfied
Building strong relationships is weaved in with the marketing role. It is extremely important to establish trust within any relationship. The consumer needs to trust a business. Nobody wants to buy a harmful product. A marketer can clearly show a prospective customer that safety is included in every product. All products need to adhere to a set of standards because products cannot be on the market unless they have been proven safe for purchase. Marketing involves the building of long-term relationships with customers. Building trust is part of the marketing mix, without it, products and services will remain idle. A marijuana branding agency will need to show the consumer that their product is safe while following the consumer standards. There are many ways to build relationships between the consumer and a brand. It takes time to build solid relationships and trust plays a large role.
Positioning: A Place for a Brand to Occupy
Positioning is one of the four “Ps” in the marketing plan. Every brand needs a place to occupy. …» Read more