Definition of Marketing Essay Example | Topics and Well Written Essays - 500 words

Definition of Marketing - Essay ExampleMarketing is more concerned with developing demand for a product and satisfying customers needs and non necessarily for customers to pay for the goods.Customer relationship is a very important and efficient approach that helps in creating and maintaining the good relationship with the customers. Customer relation brings more or less a strong bond through personal and emotional linkage and the organization can know the actual needs of the customer (Oly, 2007). Loyal customers atomic number 18 quite important as they have a big likelihood of telling more people about your business through the word of mouth. outside customers always like to feel needed by the business operators and communication with them is very important. A satisfied customer will always be beaming with the business and remain forever, which will help in enhancing the growth of the business. Dealing with customers efficiently increases their satisfaction increasing the chanc e of making more sales and spicy profits.A business strategy involves the tactics and methods business persons use to manage their businesses and organizations. Having an effective business strategy helps in retaining the customers especially if there is a platform for following up the customers to find out whether the items they bought are in good condition (Oly, 2007). A good organizational and business strategy ensures that resources are utilize efficiently to avoid wastage. Some of the resources in a business organization are personnel customers, reputation in the market, patents, warehouses, and manufacturing processes. Business strategies should utilize the attach tos resources to ensure that the company does not lose its customers and has a big market share. Good company strategies enhance its expansion and growth through promotion of vigorous marketing research. query helps in venturing into new areas to increase its production and promote growth. The other importance o f strategy is giving directions and action plans, prioritization and