What is the core idea of what is known as a marketing concept? Answer: A marketing idea is a collection of values, perceptions and intentions that a business wants to portray to its customers and partners. Sometimes a marketing idea is associated with a particular marketing plan. In this case, the marketing concept would be the marketing plan itself.
When we start talking about marketing, it means the activities that are carried out to sell a product or service. In this sense, marketing is actually a subset of marketing. Marketing, which by the way is commonly called brand marketing. Marketing can also be used to refer to any number of processes, methods, models, etc. which are used to create new opportunities for expanding markets, raising revenues, achieving market objectives, maximizing profits or simply being a “good marketer.” Marketers are constantly searching for new marketing ideas for different purposes like the following:
Which of the following is a sub-part of the marketing idea of market expansion? Answer: Marketing through mass media like the television, radio, newspapers, magazines, and the like. The concept of marketing through mass media is very broad and covers many activities like launching a new product, an innovative campaign, a public relations campaign, advertising campaigns, launching a marketing plan, etc. In short, marketing can also be described as the process by which a company makes its products and services available to the consumer or the public.
Marketing companies are usually established in order to perform this task on behalf of their clients. They have to expand their market base and reach out to new markets. This expansion of market base helps the companies to achieve their overall marketing objectives and thereby meet their goals.
Which of the following is a sub-part of the marketing concept of market expansion? Answer: Market research, which is basically the process of gathering information about the consumers, educating them about the products and services, analyzing their buying habits and preferences etc. This information can then be used by the marketer to come up with new ideas, launch new products or services and introduce better processes and procedures to increase sales. Marketing through media is very broad and covers all types of mediums including the Internet, TV, radio, print, etc. which gives an opportunity for you to reach out to millions of consumers all around the world and promote your business to the next level. It is one of the fastest growing forms of advertising today.
Marketing can also be described as a systematic approach to promote a business by gathering information about the consumers, analyzing their buying habits and preferences etc. and using this information to come up with new ideas, launch new products or services and introduce better processes and procedures to increase sales. The basic idea behind marketing is that people like to buy things that they can use, and which will give them pleasure and satisfaction. They are also willing to spend money on these things which they can easily gain access to. Thus if you want to create a long term income stream marketing is one of the best marketing ideas available.