Monthly Q and A
Monthly Q and A
April 2010
Q
How would you define marketing?
A
Marketing is an integrated process through which companies create value for customers, build strong customer relationships, and capture value from customers in return.

On a strategic level it consists of a Strategic Marketing Plan which is translated into a Segmentation Strategy, Positioning Strategy, and the Branding Platform.

On a more tactical level it is called Product Marketing and consists of what is commonly known as the 4 P’s, the Product Definition, the Promotion Plan, the Product Distribution Plan, and the Pricing Plan.

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