Marketing

Marketing is the process of planning, designing, pricing, promoting and distributing ideas, goods and services, in order to satisfy customer needs, so as to make a profit. Companies point out how the special characteristics or features of their products and services possess particular benefits that satisfy the needs of the people who buy them. Non-profit organizations have other, social, goals, such as persuading people not to smoke, or to give money to people in poor countries, but these organizations also use the techniques of marketing.
In some places, even organizations such as government departments are starting to talk about, or at least think about their activities in terms of the marketing concept.

The four PS
The four PS are
product: deciding what to sell
price: deciding what prices to charge
place: deciding how it will be distributed
and where people will buy it
promotion: deciding how the product will
be supported with advertising, special
activities, etc.
A fifth P which is sometimes added is packaging: all the materials used to protect and present a product before it is sold.
The four PS are a useful summary of the marketing mix, the activities that you have to combine successfully in order to sell. The Promotion next four units look at these activities in detail. To market a product is to make a plan based on this combination and put it into action. A marketer or marketeer is someone who works in this area. (Marketer can also be used to describe an organization that sells particular goods or services.)

Market orientation
Marketers often talk about market orientation: the fact that everything they do is designed to meet the needs of the market. They may describe themselves as marketdriven, market-led or market-oriented. Most people and many managers do not understand the role of marketing in modem business.
Marketing is two things. First, it is a strategy and set of techniques to sell an organization's products or services. This involves choosing target customers and designing a persuasive marketing mix to get them to buy. The mix may include a range of brands, tempting prices, convenient sales outlets and a battery of advertising and promotions. This concept of marketing as selling and persuasion is by far the most popular idea among both managers and the public.
The second, and by far more important concept of marketing, focuses on improving the reality of what is on offer. It is based on understanding customers' needs and developing new solutions which are better than those currently available. Doing this is not a marketing department problem, but For example, for Rover to beat Mercedes for the consumer's choice involves engineering new models, developing lean manufacturing processes, and restructuring its dealer network. one which involves the whole organization
Creating company-wide focus on the customer requires the continual acquisition of new skills and technology. Marketing is rarely effective as a business function. As the chief executive of Hewlett Packard put it: 'Marketing
is too important to leave to the marketing department.' Such companies understand that everybody's task is marketing. This concept of marketing offering real customer value is what business is all about.