3 1 1 role of marketing

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    3.1.1 The Role of

    Marketing

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    Learning Outcomes• To be able to de ne marketing• To understand why identifying and satisfying

    customer needs are important•

    To understand why building and maintainingcustomer loyalty is important

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    tarter• !atch the inclair "# $ideo

    • !hat things went wrong%

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    !hat is a market%• & place where buyers and sellers come together

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    !hat is Marketing%• The process of '()*T'+,'*- and &T' +,'*-

    consumer *))( and !&*T RO+'T&/L,.

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    Marketing Ob0ecti$es• -rowth• 'ncreasing or maintaining market share• Making a pro t•

    'ncrease consumer awareness• 'mpro$e the product range

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    Task 1• &nticipating market opportunities