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Defining Market For
The 21st Century
Rahee Hardaha
What is Marketing?
Marketing is the activity ,set of institutions, and process for
creating, communicating , delivering, and exchanging offerings
that have value for customers, clients, partners, and society at
large.
Why
MARKETING
is
Important ??
Identifying human
and
social needs
Building demand
for Products and
Services
Introduce and Gain Acceptance of
New Products
Creating Job Opportunities
Building Strong Brand
Building a loyal
Customer Base
Reducing Risks
Forecasting future trends and demands
Created by Rahee Hardaha,IIT Delhi, during an internship
by Prof. Sameer Mathur, IIM Lucknow.
www.IIMInternship.com
Created by Rahee Hardaha,IIT Delhi, during an internship
by Prof. Sameer Mathur, IIM Lucknow.
www.IIMInternship.com
Why is marketing important

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Why is marketing important