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AND ITS IMPORTANCE
BACKGROUNDThe term "marketing" is derived from the word "market,"
which refers to a group of sellers and buyers that co-
operate to exchange goods and services. The modern
concept of marketing evolved during and after the
industrial revolution in the 19th and 20th centuries.
The Chartered Institute of Marketing:
“The management process responsible for identifying,
anticipating and satisfying customer requirements
profitably."
Philip Kotler
“Satisfying needs and wants through an exchange
process”
Importance of Marketing
 Marketing Promotes
Product Awareness
to the Public
Importance of Marketing
 Marketing
Helps Boost
Product Sales
Importance of Marketing
 Marketing Builds
Company Reputation
Types of Marketing
Online Marketing
Offline Marketing
Word of Mouth Marketing
Marketing and its importance
Marketing and its importance

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Marketing and its importance