Marketing is the combination of all the activities of a company that are associated with buying and selling a product or service. It includes advertising, selling, delivering products to people. It is a management process through which goods and services move from concept to the customer.
It includes four elements termed as the 4 P's of marketing namely identification that includes selection and development of a product, Determination of its price, Selection of a distribution channel to reach the customer's place and development and implementation of a promotional strategy. It includes the process for creating, communicating, delivering, and exchanging offerings that have value for the customers, clients, partners, and society at large.
Last date updated on September, 2014