MARKETING ENVIRONMENT The environment can be defined as all the circumstances, people, things and events around all the marketing activities. A business performance is often dependendant on how the enterprise influences and is influenced by its environment. The environment is Read More …
Day: November 23, 2021
THE ROLE OF RESEARCH INFORMATION IN MARKETING
THE ROLE OF RESEARCH INFORMATION IN MARKETING It provides accurate, effective and useful information that is vital for decision making across the entire organization. The decisions include; Size of the market. Customers and their buying motives. Changing trends in the Read More …
MARKETINGINFORMATIONSYSTEMS.
MARKETINGINFORMATIONSYSTEMS. The marketing environment is changing at a very fast rate hence there is need for real time and up to date market information. In today’s information based society, companies with superior information enjoy a competitive advantage. MKIS- is a Read More …
HISTORICAL DEVELOPMENT OF MARKETING
HISTORICAL DEVELOPMENT OF MARKETING Societies have moved from agriculture and individual self sufficient to an economy built around division of labour and specialization, urbanization and industrialization. It should however be noted that production for individual self sufficiency is not marketing Read More …
IMPORTANCE/ROLES OF MARKETING TO THE SOCIETY TODAY
IMPORTANCE/ROLES OF MARKETING TO THE SOCIETY TODAY Creates utility-this is the ability to satisfy a need ie form utility-this occurs mainly when we have a change in state place utility-this mainly occurs in transportation time utility-this arises in all retail Read More …
ONE NATURE AND SCOPE OF MARKETING;OVERVIEW OF MARKETING
ONE NATURE AND SCOPE OF MARKETING;OVERVIEW OF MARKETING Marketing is the management process responsible for identifying, anticipating and satisfying consumer needs profitably. It is also the performance of business activities that direct the flow of goods and services from producer Read More …
EMERGING TRENDS AND ISSUES IN MARKETING MANAGEMENT
EMERGING TRENDS AND ISSUES IN MARKETING MANAGEMENT Use of advanced technolog1y-computers;ict advancement Emergence of customer care services department to handle financial matters only. Tele marketing. Globalization-this is a process whereby different systems and parts of a related trade, function as Read More …
DIRECT MARKETING
DIRECT MARKETING This are direct communications with carefully targeted individual consumers to obtain an immediate response and cultivate lasting customer relationships the new direct marketing models include: advances in direct marketing include emergence of catalog companies, direct mailers and telemarketers. Read More …