KnowledgeCity

Marketing Principles

When the differences between sales and marketing become clear, the stage is set for change and success.
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Course: On-Demand
Essential  Provider Bob Lindquist  14 chapters ·  97 Lessons ·  3h 23m  in Arabic, English 

What You'll Learn

  • Learn core marketing concepts and explore foundational marketing principles
  • Research customer needs and promote products or services to increase sales
  • Discover product distribution strategies and apply the marketing mix of product, price, place, and promotion
  • Communicate your marketing message effectively to target customers
  • Conduct competitor analysis using tools such as SWOT analysis
  • Apply market segmentation, select target markets, and choose a market position for your product

Key Takeaways

  • The course traces the development and evolution of marketing through eras including the Agrarian Age, Industrial Revolution, Production Era, Selling Age, Marketing Era, and Relationship Era.
  • It teaches the marketing mix built on product, price, place, and promotion.
  • It covers moving beyond mass marketing toward market segmentation, target marketing, and product positioning.
  • It explains researching customers to locate new customers, identify their needs, and promote products and services effectively to increase sales.
  • It addresses e-commerce, pricing strategy, satisfying an unhappy customer, and the influence of motivation on consumer behavior.

Frequently Asked Questions

What will I learn in the Marketing Principles course?

You will learn the concepts and principles of marketing, how to market products and increase sales, how to research customer needs and promote products or services, product distribution strategies, how to communicate your message effectively, and how to conduct your own competitor analysis.

Does this course cover e-commerce?

Yes. The course helps you become more knowledgeable about e-commerce, which it notes can give you an edge in nearly every business.

What topics does the course cover about the history of marketing?

It covers the development and evolution of marketing across the Agrarian Age, the Industrial Revolution, the Production Era, the Selling Age, the Marketing Era, and the Relationship Era.

How does the course approach reaching customers?

It addresses the limitations of mass marketing and teaches market segmentation, target marketing, selecting a target market, analyzing the competition through SWOT analysis, choosing a market position, and positioning the product.

What skills does this course help build?

It develops skills in applied marketing, marketing concepts, marketing management, marketing strategies, product marketing, and student marketing.