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Why marketing channel system is so important to a firm?

2006-12-19 09:22:24 · 4 answers · asked by salomxxx 2 in Business & Finance Advertising & Marketing Search Engine Optimization

4 answers

Marketing is the way a couple positions itself in business. Marketing helps decide which direction it should go in the market place and helps "brand" the company as well as identify the future customers. Many a company have failed because of having no marketing plan or an ineffective one.

2006-12-19 10:00:22 · answer #1 · answered by Anonymous · 1 0

The marketing channel system is what allows an organization to aggregate their target market into profitable demographic on a more personal level. Properly utilizing channel management through search engine optimization can make or break the company. If used right you can properly command a stronger price difference as well as build brand equity. It's what separates the market movers from the other businesses.

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2006-12-19 10:39:11 · answer #2 · answered by Anonymous · 1 0

Marketing is actually quite simply defined -- it's the way you get a message to people, about how you portray your product (example: candy or shoes) or service (lawyer for hire).

That can be done many, many ways from paying for placement of a created message (tv, radio, print, online, website), and/or a number of other ways from mailing directly to homes/businesses, or using the media to use your company name "as news" and a feature-story, without actually paying for it. For example, Hillary's campaign emailing a "news release" that they received $10mil in donations today, is run as if it's news and benefits Hillary, because people & even more media, see her "as vital". Or, that Pepsi or some cola, is moving away from using high-fructose corn syrup as a sweetener (and thus making mothers/buyers believe it's more healthy, which it actually isn't). That's public relations, and all you pay for are the professional behind-the-scenes that know how to get that done. Then, there's events like a local bake-sale at a local CVS -- making people believe its part of the community, and thus go-there and shop. There's no limit to marketing, except your imagination -- and the MONEY needed, or not to get your message to the right people.

You're not going to get a marketing professional to sit here and type forever -- on what you're asking for (..evolution of Marketing? come on) since each phrase listed is a text book in itself. GL in whatever assignment you've been given to ask such a clinical question.

2014-09-16 04:30:53 · answer #3 · answered by Anonymous · 0 0

From a societal point of view, marketing is the link between a society's material requirements and its economic patterns of response. Marketing satisfies these needs and wants through exchange processes and building long-term relationships.

2015-03-31 22:53:18 · answer #4 · answered by Kathryn 1 · 0 0

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