Marketing facts for kids

Kids Encyclopedia Facts

Marketing is a method for getting as many customers as possible.

Definitions

  • Exchange value and building strong relationship with customer.

Any activity that connects producers with consumers.

  • Marketing-" To create, grow, develop, maintain, defend, and own markets".
  • An approach to business that seeks to identify, anticipate, and satisfy customers needs.
  • Al Ries and Jack Trout defined marketing as simply "war" between competitors.
  • At a macro level, marketing is the process of raising the standards of living, by identifying the existing problems and unsatisfied needs of people and then satisfying that need with a product/service that delivers value to the customer.

Marketing Facts for Kids. Kiddle Encyclopedia.