Marketing

Hello Everyone! Today am going to discuss about marketing with you and tell some tips to start your own business in market.

What is marketing?

"Marketing is getting the right product or service in the right quantity, to the right place at the right time and making a profit in the process."

Originally, market means provide the better service to your customers and provide those things that they want. And communicate with them in a good way. You should receive the feedback of your customer thus you can fulfill the demand of customer.

Market is not mean just got profit and increasing your customers by giving ads or promoting business.

Types of Market:

There are various market present in this world like marketplace.

But the main two types of market are exist. Which is named as 'Financial Markets' and 'Prediction  

 Markets'.

At these types we will discuss latter now you can see the basics of markets and what goal we should set to manage our market.

SIX Ps:

The following six Ps will provide a comprehensive framework for developing an effective market.

Check now the detail of 6 Ps.

Product:

First of all I introduce you to with the importance of products because products are effective on your business.

This cover the combination of good services that effect on your business offers. It should include the following characteristics like size of things, variety of things, quality, warranty, design, packaging and brand name of company.

Place:

The 2nd thing is that how can customers access to your product. And this thing is depend on place from where people can easily excess. Your market of business must be at famous place about which all people now it's most effective on your people. Start your business from that place at which most people come for buying or just seeing he will know about your product then they must contact with you.

Price:

Price is also depend on your business products. Choose the price with respect to the quality of thing. Select those things which can people got easily and less price and you got good profit. And Give discount to people so that people will attention towards your business. First you must send these thing as free as a sample so that you can now the got feedback of people about your product. If they recommended then start it at high level.

Promotion:

Promote your business by giving ads at Media, Internet. Use selling referrals sales promotion and public relation. Talk with people politely then you can got high customer. Your attitude with people must be good with your customer so that your example will be created in society and you got high favorably.

People:

Your staff are ambassadors for your business. Think the following in relation to your staff: knowledge, experience, skills, communication, teamwork and attitude.

Process:

The process that you use in the day to day operation for your business have a flow-on effect on the customer experience, even if it is simply ensuring that orders are effectively managed. Think about the following aspects of the business operation: system, quality, control, planning, review, continuous improvement, documentation and feedback channel.

About Market we will discuss more later. I hope you get better experience for your business from our tips. More tips will be shared soon that played an important role in market. So, touch with us.