MARKETING IS BOTH ART AND SCIENCE Marketing - Art or science? I read a blog post the other day (unfortunately I didn’t copy the URL and I don’t remember which blog) where someone answered the good old marketing question being - "is marketing art or science". Let me tell you‚ I am so tired of that question. Let’s just clear that question once and for all. I really don’t see the point of asking it. Marketing is science and marketing is art. Why is that you might ask? Let me try to come up with
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Introduction The debating question concerning marketing whether it is a form of science or art has long been a controversial subject. Scholars over the past several decades have constantly argued attempting to classify and prove the term marketing belonging into either the art and science category. Marketing is derived by which a product/service originate‚ priced‚ promoted and placed/distributed to people who consume them. It involves lots of preparations‚ developments‚ organizing and decision
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Marketing has defined as “a social and managerial process whereby individuals and groups obtain what they need and want through creating and exchanging products and value with others” (Kotler‚ P. & Armstrong‚ G.‚ 2001‚ p. 6). “Marketing is the anticipating‚ management‚ and satisfaction of demand through the exchange process. It involves goods‚ services‚ organization‚ people‚ place‚ and ideas.” (Evans‚ R. & Berman 2007‚ p. 7). It might never arise to manager that they could be accountants or CFOs
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Marketing is an art and science Before making any argument about this I would like to share my own view point MARKETING IS AN ART: Yes it’s quite true that marketing is an art‚ or we can call it beauty of innovation‚ creativity and imagination. Marketing is a world where “dreams become realty”. Marketing is also an art because it involves non-verbal ways of communication processes that involve delicate and hidden messages for specific audience. I am calling marketing an art because it creates
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limited to either art or science in any specific way. It is part of everyone’s everyday life. The art of teaching requires a lot of diligence‚ and a person who teaches should enjoy and always give the best performance everyday they teach. There must also be an atmosphere that gives students a chance to be creative as well as enjoyment in being taught. Therefore everyone involved is working towards and attaining a common goal‚ to learn. It is both a combination of both art and science. Teaching needs
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In this discussion with regards to the statement: "Management is both art and science. It is the art of making people more effective than they would have been without you. The science is in how you do that" (Reh‚ online). I agree with the statement as employees need guidance to improve processes and increase business outputs. Take a hospital front office as an example. The front office team is responsible for welcoming and greeting patients‚ giving appointments‚ registration of patients‚ billing
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Marketing mix can be describes as "the use and specification of the 4 Ps describing the strategic position of a product in the marketplace… A prominent person to take centre stage was E. Jerome McCarthy in 1960; he proposed a four-P classification which was popularized. (wikipedia.com)" The marketing mix approach to marketing is a model of creating and implementing market strategies. The marketing mix stresses the mixing of different factors in a way that both organizational and consumer or target
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Art and science 1 . Definition of art and science : - Art is reason applied without limits‚ geared towards an ideal and guided by the practical. - Science is reason applied within a framework‚ geared towards the practical and guided by an ideal. 2 The difference between art and science Art is geared towards an ideal‚ towards the attainment of perfection. All art is begun with some idea in mind‚ and bringing this idea across to viewers in the right manner in the goal of the artist. Yet
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Chapter 1—Marketing: The Art and Science of Satisfying Customers MULTIPLE CHOICE 1. What utility does Cannondale create when the company combines aluminum and other components in the production of bicycles? a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c.d.a.b.c
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Marketing mix (Price‚ Place‚ Promotion‚ Product) When marketing their products firms need to create a successful mix of: the right product sold at the right price in the right place using the most suitable promotion. To create the right marketing mix‚ businesses have to meet the following conditions: The product has to have the right features - for example‚ it must look good and work well. The price must be right. Consumer will need to buy in large numbers to produce a healthy profit.
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