Marketing Models Essay Example | Topics and Well Written Essays - 1000 words - 1

Marketing Models - Essay Example These are responding to customer needs which will drive company success. Electronic marketing and technology will enable us to relate to the classics. Riley (2012) notes that cheaper and faster will allow businesses to execute strategies that would be impossible before. Consumer wants are constantly changing faster in the 21st century compared to past years. This is due to easy access to products through internet, electronic and print media. Industries are flooded with same products hence customers should to be aware of your business and what it offers. Consumer awareness can be fully achieved through marketing. So as a business person, one must always be focusing into the future. Most Small Micro Enterprises always sideline marketing citing expenses. Small businesses operate mostly on no-frills thus view marketing as expensive. Question that arises is how in absence of marketing one suggests to acquire the much wanted client base that affect sales. Many businesses are in operation and competition cut throat in the 21st century due to improved innovation. Without effective marketing of products, brand Image Company’s are deemed to fail in the start up stages, Riley (2012) Marketing campaign decisions must be drawn to sway sales and consumers. Generally a business could swap sales team size, price and advertisement budget. Marketing process invloves situational analysis, marketing strategy, market mix decision and implementation and control. Because the product already exists in the market and at its maturity stage, the market mix process would be applicable. Several tools are used by marketers to create the desired feedback from target consumers. These set of tools are called marketing mix. At the market mix level, planned decisions are drawn for controllable indicators. The most applicable indicator for the product is product promotional assessment. The main marketing