Professor Malcolm McNair has further added that “Marketing is the creation and delivery of standard of living to the society”. One of the reasons I chose marketing was the fact that I love the challenge of it as there are so many brands out there, and in spite of that how you create a name for your brand is a tough act. Marketing is used by virtually every organisation, both commercial and public, and the quality of that marketing often determines a business’s success or failure.

By studying marketing you will be learning all aspects of marketing and all the different tasks involved. Second, an understanding of marketing is crucial to understanding most businesses. There are so many reasons why you might want to study marketing: it will prepare you for a range of careers, marketing is one of the fastest-growing industries, you’ll learn what drives a business, you get to be creative and strategic… the list could go on and on! Expert Solution. For example, you will learn how to research and satisfy customer needs through product and service development, planning, pricing, advertising, promotion and distribution. It is the field that helps businesses build the “feel-good” factor. Paul Mazur states, “Marketing is the delivery of standard of living”. Yet that cost is precisely why some criticize marketing. To discuss: The reason to study marketing. Simply having a website is not enough anymore. Read also: Why Choose Marketing as a Career? It is a skill that is required by every business. Tap Into Your Creativity: Source: CreateSpace.

One of the reasons for this is that marketing is a growth industry with many diverse subsets that accommodate all types of skills. Prof. Barbara Kahn explains the foundational role marketing plays in a Wharton education and 5 reasons studying marketing is important for any field. Marketing is above all the giving of a standard of living to the community. Reasons: It … You will never find them all in one place. For guaranteed success, it is important that you understand the medium. Internet is a powerful weapon for every marketing strategy. Demystify the goals behind your marketing strategy with these 10 important […] Various people are scattered all over the internet. We need you to answer this question! Marketing objectives are essential for any organization that wants to raise awareness about itself, its products, or its services. In essence, you are making minor changes in the marketing mix itself. 3) Marketing mix helps increase the product portfolio Whenever you want to increase the product depth or product line and length , you have to make minor changes to the product.

If you think this may be a career opportunity for you, speak to a career counselor about your many options. It is also easier to get into than a traditional marketing school. From hot new startups to local stores, every type of business can benefit from the increased sales and heightened brand awareness that a great marketing campaign can offer. If you do not know where to find your audience, you might just be wasting your time … Describe several reasons for studying marketing. Some of the other reasons are: 1. check_circle. First, marketing affects the allocation of goods and services that influence a nation’s economy and standard of living. Marketing plays a major role in establishing a brand and expanding the business. Third, career opportunities in marketing are diverse, profitable, and expected to increase significantly during the coming decade. Marketing refers to the set of activity, institution and process of exchanging offerings, communication, delivering, and creating which has the values of clients, customers, society and partners at larger. Explanation of Solution. What are the reasons why studying marketing?

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After Studying Marketing: List of Careers in Marketing If that money could be put into research and development of new products, perhaps the consumers would be better satisfied. Marketing is a versatile degree that will prepare you for a wide range of careers. Describe several reasons for studying marketing. 3 Reasons Why You Should Study Marketing Wednesday, November 6, 2013 Marketing is a popular field of study around the world and it’s getting more popular all the time.

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