Btec National Diploma Level 3 Unit 3 Introduction to Marketing

Jordan Tavaglione Unit 3 Task 1- P1 -describe the concept and principles of merchandise A) Dictionary definition for commercialize: The management process responsible for discloseing, anticipating and satisfying customer requirements availably. When marketing a ware or service the organisation unavoidably to make sure it testament satisfy the customer demand or wants. An organisation will not survive let alone succeed or make a select ahead if it does not meet the customers physical, intellectual, educational or social needs/wants. An organisation will use market research to identify what the customer and consumer wants. This definition means in that respect is a management responsible for doing market research to identify the customers requirements then satisfying them. The definition too says profitably, so this definition doesnt apply to the exoteric heavens as much as it does the private and voluntary. Because a public sector is not out to make a profit but to propose a satisfying service. (E.g. A hospital will get a budget and have to provide a service with the money they get.(Public) Cancer Research U.K will deceive products and ask for donations, they will hope to make a profit so they can donate it to research for cancer.(Voluntary) Asda sell there products to make a profit.

(Private) The business of selling goods including advert advancement, etc. This definition says there is a take to the woods that link the business with customer needs and wants in order to get the expert product to the right place at the right time. The etc is important because advertising and packaging are only a small part of indentifying and satisfying a customers needs. By advertising, packaging and naming a product it becomes a brand and branding a product is good for building a kind with a customer as giving a product a brand also gives it a personality marketing is about satisfying the needs and wants of customers; Marketing is a business-wide function it is not... If you want to get a full essay, order it on our website: Ordercustompaper.com

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