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The American Marketing Association defines Marketing as “the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals”. On the other hand, The Chartered Institute of Marketing, UK defines Marketing as “the Management process responsible for identifying, anticipating and satisfying customers’ requirements profitably”. Business - Directory of business/finance/loan/mortgage related partner sites Computers - Directory of computer hardware/software/peripheral related partner sites Internet - Directory of webhosting/webdesign/internet marketing related partner sites Software - Directory of software related partner sites Web Design - Directory of web design/development related partner sites Web Hosting - Directory of web hosting related partner sites Web Promotion - Directory of search engine optimization/internet marketing related partner sites Web Resources - Directory of other web related partner sites Recreation - Directory of travel/hotel/cruise related partner sites Casino - Directory of online gambling/poker/blackjack/roulette related partner sites Health - Directory of online pharmacy/hospital/health related partner sites Shopping - Directory of online shopping/gift related partner sites Miscellaneous - Directory of all other partner sites
Note the occurrence of Customer Satisfaction in both definitions and the underlining concern for Profitability in the second definition. In other words, a businessman needs to identify the needs of a consumer and explore ways of satisfying these needs in order to make a profit. |
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