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Title: THE PROCESS AND OBJECTIVES OF MARKETING MANAGEMENT
Description: Marketing management helps organizations with future planning, understand customers, and create valuable products and services.
Description: Marketing management helps organizations with future planning, understand customers, and create valuable products and services.
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THE PROCESS AND OBJECTIVES OF MARKETING MANAGEMENT
Being an effective marketing manager is more complex than most people think
...
Marketing management
helps organizations with future planning,
understand customers, and create valuable products and services
...
A marketing manager must do a deep study to have an idea of marketing management and
how to make it better in your company's favour
...
These 4Ps are decided by the management of the company according to the needs of
customers, with suitable market prices and easy to find either in stores or online
...
g
...
Fulfilling customers’ demands - happy customers equals maximum returns
...
It
works best for those customers who are associated with the company's product for a longer
period
...
Earn profit - it is necessary to earn profit for growing, diversifying a business, and its
maintenance as well
...
Maximizing the market share - sometimes companies offer discounts to attract customers,
sometimes they do attractive and unique packaging and offer promotions
...
Having an excellent reputation signifies higher chances of expansion and
growth
...
The Marketing Management Process
Every company has its specific objectives and goals that make it distinctive from other
companies in the market
...
1
...
For this
purpose, the company has to analyze its rank and its sustainability after each short period of
time
...
2
...
The goals a company
has to set should be unique, aspiring, based on reality, and for a specific time
...
Product development
Marketing managers work on product development by considering raw resources,
technology, and good ideas so that they can receive positive feedback and gain public appeal
...
4
...
5
...
Title: THE PROCESS AND OBJECTIVES OF MARKETING MANAGEMENT
Description: Marketing management helps organizations with future planning, understand customers, and create valuable products and services.
Description: Marketing management helps organizations with future planning, understand customers, and create valuable products and services.