Why is Marketing Important?
Aug 17, 2015
Why is Marketing Important?
Marketing helps in….
Introducing and Gaining acceptance
of new products
Inspires Enhancements in
In existing products
UnderstandingCustomerNeeds
Builds Demand for
Products & Services
Which creates
Jobs
CEO’s recognize the role of
marketing in ……
A loyal customer base
Building
Tangible
Assets
Marketers need to decide -
• What features to design?
• What prices to set?
• Where to sell products or services?
• How much to spend ?
Is really important…
By-
Himank Airon
MnC
IIT-BHU
References
• Marketing Management , 14E by Kotler & Keller• http://static.headline.kz/assets/images/2012/09/74f3cc343abd6819
3111570d73641c33-fbpost.jpg• http://static6.depositphotos.com/1091429/641/i/450/depositphotos
_6411375-3d-marketing.jpg• http://www.1e.com/blogs/wp-
content/uploads/sites/78/2015/05/Ask-Sam-1E-Product-Information.jpg
• www.Slideshare.net• http://www.diaspark.com/Jewelry_software/images/feature/erp/scala
ble-to-adapt-your-growing-business.png• https://www.cardelmar.co.uk/blog/wp-
content/uploads/2015/03/Car-Hire-Counter-Check-In.jpg• https://pbs.twimg.com/media/CDCj3dPVIAMEF2S.jpg:large• http://blog.serviceevaluation.com/wp-
content/uploads/2015/04/iStock_000038176862_XXXLarge.jpg
Disclaimer
These slides were created by Himank Airon , IIT-BHU during a Marketing internship by Prof. Sameer Mathur, IIM Lucknow (See www.IIMInternship.com )