There is no single way to segment a consumer market. A marketer has to try different segmentation variables, singly and…
Markets are collections of people or organizations with (a) needs to satisfy (b) money to spend, and (c) the willingness…
Apart from the basic strategic planning spanning several years into the future, it is also necessary to develop a more…
Strategic marketing planning is a five-step process that assesses current performance; establishes specific marketing objectives; determines positioning and differential advantage;…
Companies that adopt the marketing concept realize that strategic marketing efforts are more successful when they are carefully planned. Strategic…
Definitionally, marketing mix is the mixture of controllable marketing variables that the firm uses to pursue the sought levels of…
A company's marketing system often operates within the framework of marketing forces, which constitutes the system's environment. Such forces are…
Every move a marketer makes is affected by, and has some effect on his marketing environment. This could happen on…
Marketing management philosophies involves carrying out tasks to achieve desired exchanges with the target market. The question then is, what…
Introduction Marketing management can be defined as the analysis, planning, implementation, and control of programmes designed to create, build, and…
Marketing is made up of a number of activities known as marketing functions. Ordinarily, identifying these functions might look simple…
We may view marketing generally as resting on six inter-connected platforms. These are the building blocks of marketing, which are:…