Wednesday, September 29, 2010

Topics covered today in the class - a quick revision

=> What is marketing?
Creating, Communicating, Delivering a value to the Target Group.

=> mathematical relation between value, benefit and cost.

=> Examples like tip of the iceberg and universal set theory to explain the difference between Sales and marketing.

=> Kinds of businesses:
1) Business to customer.
2) Business to Business
3) International global market

=> philosophies of market : 
1) production concept
2) product concept
3) selling concept
4) marketing concept
5) holistic marketing concept

=> How the movie rocket Singh explains the way marketing concept has taken over the selling concept.

Please feel free to make additions.....

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