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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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Paper Undergraduate
Organizational barriers to innovation at International Foods Company
Success in any organization is determined by the mutual working relationship among employees and the management. Any breakdown of communication has a negative impact on the performance of an organization as seen in the case of International Foods. The innovation team of marketing is a vital part of the company. The entire company management needs to give this team all the support they need. If the team is unable to make progress in innovation, marketing will remain stagnant.
Essay Doctorate
E-commerce and digital marketing solutions for EEOC youth program
The paper presents e-commerce solutions to manage on-line payments for the website of EEOC’s youth program. It is recommended that Pay Pal Standard Account can be used by EEOC to offer on-line donation and payment service. Pay Pal offers discounted fees for the charity and non-profit organizations. The paper defines Search engine optimization (SEO) and three main SEO strategies that will be used for on-line marketing of the website. The recommended SEO strategies are keyword search, content development, and back linking. Methods of internationalizing the website are also discussed. These include internationalization tactics to capture relevant market, provide culture and language sensitive content, and support donations in multiple currencies. The paper suggests that EEOC youth program may use DonarPerfect® software to manage customer and stakeholder relationships.
Paper Doctorate
GE Healthcare's low-cost EEG strategy for emerging Indian markets
GE faced considerable logistical obstacles adapting to the Indian market. This paper profiles its introduction of a pared-down medical device specifically designed to meet the price point and needs of Indian physicians. The product achieved mixed success and faced considerable internal barriers within the company as well in its construction.
Thesis Masters
Social and political performance of BP PLC
BP PLC is one of the leading supplier of petroleum products around the world. It owns various companies that are engaged in the production, processing, and distribution of oil and gas and able effectively to reduce operational costs to achieve efficiency. The company faces various challenges related to CSR and fostering the desires of its shareholders. This study shows that stakeholder coalition is one of the greatest way to eradicate the challenges.
Essay Undergraduate
Organizational structure and strategic vision for XYZ Center
The topic for this particular paper revolves around developing an operational plan for a fictitious organization of the author’s choice. The paper tackles with different aspects of the organization ranging from its fictitious name, its type of business, size of organization, and the product or service that the organization offers.
Research Paper Doctorate
Mobilink: an innovative student discount advertising service
The topic for this particular paper revolves around the topic and endeavor of creating an innovative business plan. The paper is thus divided under the following headings: Explain your innovative idea briefly; Decide on a business structure best suited for the business venture; Design an outline of the levels in an entrepreneurial process; Determine tools and resources you require for this successful endeavor; Determine the market; and, Develop an action plan
Paper Undergraduate
The kingdom of God as contemporary metaphor and personal transformation
Today, the kingdom of God is thought by many people as a heavenly place or afterlife. Many people are not able to give an explanation of the kingdom of God or the reason why Jesus came on Earth.
Essay Doctorate
Schedule and risk management for children's toy product development
This paper discusses project scheduling and risk management, which are important components of project management. The first section provides a project schedule that defines what the project will do, each necessary task and a timeframe for it to be conducted, and a timeline through which each task will be completed. The second part focuses on risk management based on being part of a project risk team to help in the effective implementation of a project.
Paper Undergraduate
Youth perceptions of branded sportswear in the United States and Kenya
The document contains three memos, the first of which focuses on distinguishing research purposes and practical purposes. The second contains a discussion of focus and locus, while the final memo is analytic in nature, providing information and speculations on quantitative and qualitative data. All the memos focus on the study to be conducted, which focuses on youth markets for sports apparel in the United States and Kenya
Essay Doctorate
Financial projections for Touch My Knuckles MMA apparel business
The paper uses a fictitious company to present pro forma financial statements which may be used at the start up of a business. The cash flow for the first year, and three years income statements and balance sheets are provided. The ay that the firm could raise capital and the potential capital structure are also discussed.