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Marketing Management is the science wherein students learn the theoretical concepts of selling a product. They learn the art of transferring possession utility of a product. Marketing involves manipulating one’s way through the four elements of marketing called the 4 P’s of marketing which are:
Marketing involves the analysis of the products in the market and conducting research to find opportunities in the product market that are not being fully utilized. This is a complex process involving product data analysis and reproduction of market research figures that can help the producer to fully exploit the market. In a nutshell, marketing revolves around the below principles:
The classroom can only impart theoretical knowledge, the practical aspects are gained by experience only. Any business produces goods and services with the aim to get some income. The sale of these commodities or services is a process that involves a lot of clever strategizing, research, packaging, promoting, and finally getting it to the consumers crossing the barriers of geography, culture, economy, and age. The marketing manager is expected to keep abreast with the trends, changes, and advancement in the field of media and devise strategies to adapt to the new changes and advancements to better promote the product. A good marketing manager has to be good at managing the media too. A marketing manager’s expertise lies in being able to provide solutions to these problems. This academic field is a combination of Finance Assignment Help, Economics Assignment Help, and promotion together to help any business organization to successfully package their product and sell it in any kind of market.
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