Explore marketing for the study and administration of exchange partnerships. It is a business procedure of creating relationships with and also satisfying consumers.
Marketing as you thought is widely used in the management of a business and in our day-to-day life. That’s why marketing is very very important. If you go back into history then we find the existence of marketing at the beginning of civilization. It all has started with the bottle system when the buyers and sellers exchange their goods and services. The process of distribution and determination of price through the demand and supply pew the view of studies in marketing. That’s why economics is known as the mother of marketing. Marketing is a very very simple term to understand but most of the time we get confused. What is marketing? The most common answers that come in terms say promotions are selling, selling, are any kinds of advertising all these efforts are called marketing. But is that marketing or marketing is something more than that? The simplest way to understand what is marketing is to identify and meet the needs of consumers.