Principles of MarketingIn this course, you will learn about the marketing process and examine the range of marketing decisions that an organization must make in order to sell its products and services. You will also learn how to think like a marketer, discovering that the focus of marketing has always been on the consumer. You will begin to ask, "Who is the consumer of goods and services?” What does the consumer need? What does the consumer want? Marketing is an understanding of how to communicate with the consumer, and is characterized by four activities:
Creating products and services that serve consumers
Communicating a clear value proposition
Delivering products and services in a way that optimizes value
Exchanging, or trading, value for those offerings