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What is Marketing?

In many ways, the course work for a marketing degree overlaps with the coursework for a business degree. This should come as no surprise, since both business degrees and marketing degrees help you learn practical skills that work across a broad range of industries. While each college or university names their courses a little differently, the type of marketing courses you can expect to encounter while working towards a bachelors’ degree in business or marketing, an MBA, or a master’s degree in marketing, will be similar regardless of the school you attend.

Of course, marketing students will focus on marketing principles. Frequently, the core principles of marketing are referred to as the 4Ps: selecting a Product; determining the Price; selecting a distribution channel or Place; and developing a Promotion strategy. However, marketing students need to understand marketing on a deeper level than a simple 4P overview provides. For example, marketing majors may not ever have to conduct their own market research, but they should understand statistics, as well as the tools and techniques market researchers use, so that they can evaluate that research. Marketing students also need to understand how to market to businesses, including a thorough understanding of the supply chain.

One of the ways that marketing courses deviate from business courses is that they emphasize the role of human behavior. In many ways, marketing is selling, and to sell products, one must know people. Consumer behavior, or the psychology of marketing, helps explain what motivates people to make purchasing decisions.

You can expect to encounter at least one business communications course. These courses focuses on those components of communications that are most relevant in a business setting. They may include international communication, managerial communication, and even business writing courses.

Marketing students will also need to be familiar with economics. While many times you will only be required to study macroeconomics, you may find it easier to understand economic concepts if you also study microeconomics. In different ways, both approaches to economics look at the core concept of supply and demand. A marketing professional’s job is not only to create demand for a product, but also to be able to realistically assess whether such demand can be created and what price point the demand will sustain. Although it is geared more towards understanding the supply chain, Forio’s Root Beer Game can really enhance student’s understanding of supply and demand.

Given the globalization of most businesses, marketing students have to be familiar with an international business environment. Strategies that work well in one situation may be completely inappropriate in an international context, therefore students need to learn global marketing strategies. Of course, if you intend to market to a specific international area, then taking courses that are specifically tailored to that area can be helpful, even if they are not in your degree plan. It is not unusual for marketing students to study sociology, foreign language, and culture in order to gain a better understanding of their potential consumers.  [ Show Less ]

 

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CruiserThor Motorcycles' brand repositioning through low-cost product strategy
CruiserThor Motorcycles was extremely successful for many years, commanding more than 40 percent of the market. However,changes in consumer preferences and the target demographic of the company required it to change its image and product offerings. This paper focuses on the release of the RRoth, a low-cost, environmentally friendly bike designed for younger riders.
Essay Undergraduate
The FCC's role in broadband access and spectrum regulation
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Paper Doctorate
Public policies and structural funds in enhancing tourism development in Romania
This paper is on sustainable tourism development and it is divided into 4 tasks. Task one understands the differing approaches to tourism planning and development and understands the rationale for planning in the travel and tourism industry. Task two understands the need for planning for sustainable tourism. Task three understands current issues related to tourism development planning. And Lastly, Task four understands the socio-cultural, environmental, and economic impacts of tourism in developing countries and emerging destinations
Paper Undergraduate
Ethical issues in marketing research and advertising to children
This paper is about ethics in marketing. There is an outline of the different ethical issues in marketing today, such as dishonesty, marketing to children and issues with marketing research. Then there is an outline of how the government regulations affect the marketing industry and how to build a code of ethics in marketing.
Paper Undergraduate
The Congruence Model applied to General Motors organizational outputs
¶ … Congruence Model recognized "Outputs" as existing at the individual, Group and Organizational levels. Please discuss outputs in the context of your chosen "Best 100" company be thorough and be specific (General…
Research Paper Doctorate
Three logical fallacies in organizational decision-making
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Research Paper Doctorate
Apple and Dell Computer financial performance comparison
In looking at many of the key ratios for Apple Computers, it appears that the company is slowly improving from problems that they had dealt with in the past. For example, Morningstar.com shows Apple's return on equity…
Research Paper Doctorate
Diversity and individual differences' impact on organizational culture
How do diversity and individual differences impact your organizational culture?
Paper Undergraduate
Advantages and disadvantages of social media marketing for businesses
This paper is about Social Media Marketing. Evaluate the reasons Social Media Marketing has become exceedingly popular among businesses of all sizes. 2. Analyze the advantages and disadvantages of Social Media Marketing for business entrepreneurs. 3. Assess how Social Media Marketing is helping Pepsi gain more customer insight than it would have otherwise. 4. Research two (2) other businesses that have used Social Media Marketing to their advantage. Discuss how each of these businesses has utilized Social Media Marketing and provide examples with your discussion. 5. Speculate what impact Social Media will have business over the next decade and identify what skills you need to improve to take advantage of the changes.
Paper Doctorate
Apple's management strategy and product innovation
Today, Apple (hereinafter alternatively "the company") competes in the computer industry with its major product lines including personal Mac computers, as well as iPods music players and iTunes available online…