
Differentiate marketing from selling by showing that selling is a subset of marketing that starts with identifying customer needs and extends to customer relationship management.
Learn how the marketing mix, or four Ps: product, price, place, and promotion, drives a marketing plan that segments and targets markets and manages distribution channels.
Explore the seven Ps of marketing—product, price, place, promotion, and the three service-specific Ps of people, process, and physical evidence—and learn how they shape service delivery and customer value.
Explore the distinction between needs, wants, and demand, showing how purchasing power converts wants into market demand and informs forecasting and marketing planning.
Market segmentation divides a heterogeneous market into homogeneous subgroups based on behavior, attitudes, demographics, and psychographics, helping firms tailor products for distinct customer needs.
Navigate the product life cycle's four stages—introduction, growth, maturity, and decline—illustrated by smartphones, cars, and Lifebuoy, and see how sales, awareness, and profits shift.
Advertising is a non-personal promotion by an identified sponsor using mass media, including print, television, and billboards, to reach audiences and generate primary demand for consumer and business markets.
5 Star Reviews and Comments:
Mr Bishal Sarkar - Amazing, above expectations!
Santiago Martinez - This course is a good place to start if you are looking for a general idea of what marketing is about. I wouldn´t say it´s extremely in dept, but it does give great bullet points.
Dhaval Kadam - It is very easy to understand and grasp.
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Fundamentals of Marketing covers the core concepts in a very simple manner. The concepts covered in this course are as follows:
1. What is Marketing?
2. Difference between Marketing and Sales
3. Marketing Mix - 4Ps of Marketing
4. Marketing Mix - 7Ps of Marketing
5. Needs, Wants and Demand
6. Market Segmentation
7. Brand
8. Product Life Cycle
9. What is a Price
10. Place / Marketing Channel
11. Advertising
In this course, I have discussed all the important basic concepts in Marketing including What is Marketing, Difference between Marketing and Sales. Thereafter I have talked about one of the most important concepts in Marketing ie. Marketing Mix. I have talked about 4Ps as well as 7Ps. Then I have talked about Needs, Wants and Demand, Market Segmentation, Brand, Product Life Cycle, Pricing, Place / Marketing Channel and Advertising.
All the above concepts have been simplified through real-world examples from leading companies of the World.
All the concepts have been discussed with a talking head video and slides to make learning better and faster.