Friday, August 16, 2013

What is Marketing?

When I found this picture it made me think of the definition of marketing.  What does it make you think of?  And how might it relate to marketing & what we plan to study this year?  Post a comment with your own caption to this photo.  Be sure your comment includes your name.

After posting your comment, read the article What is Marketing? by Michael Brenner.  I also think it is interesting to read the comments that were made to this article.  If time allows, read the comments as well. Be ready to discuss in class.

50 comments:

  1. Jake Bush: It makes me think of decesion making. And how placing your money in the right place can be very successful, but also has its downfalls.

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    1. Interesting connection to decision-making. I like that!

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  2. your target is to make money.

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    1. Good association of targets being like goals. Yes, all businesses are out to make money - even the not-for-profit ones!

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  3. It shows how money is the target. While the "Bullseye would be the best possible result in a marketing situation.

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    1. I wonder what the best possible result might look like.

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  4. It makes me think of how marketing can help "pin" the money to a business. Basically, by marketing your product/service, a business can increase sales and profit.

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    1. I wish there was a like button. I like this analogy a lot!

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  5. To make money with marketing you must hit the bullseye -Tiffany

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    1. This is indeed a good caption that you've come up. That's what I was looking for.

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  6. "Marketing is how you collect your money. Marketing leads directly to sales. If a product is marketed well, people will feel the need to purchase it." -Jacob Bernhard, Philosopher, Buisnessman.

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    1. I agree with your statement. How do you think all of that relates to the picture?

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  7. Marketing is the target, money is the bullseye. Can you hit the bullseye?

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  8. Getting good Money is as easy as hitting a bulls-eye. It's not.

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    1. LOVE IT! This would totally work as a caption for this photo! You've got some creativity in you - don't ya!?

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  9. Sam Studer: It made me think of a promotion. The more ads you have the more money you can earn.

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    1. Yes, I think a lot of students start by thinking of ads when they think of marketing. You are going to learn that marketing is so much more than that.

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  10. The target represent how money is targeted and the money is attached to the target bulleye because you're making a goal with your money.

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    1. PERFECT! Yes, marketing dollars are strategically targeted. Very good thought process.

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  11. You have to market a product to the right buyer and you will make money

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    1. So true!!!! How do you think that relates to the target & the money?

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  12. The most skilled one is, the more money they could potentially make - Parker

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    1. oooo. . . .I hadn't thought of this picture the way you did. You are connecting the target to something like archery & how hard it is to stick in the bullseye. I like! Good thinking.

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  13. if you are good at it you can make bank

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  14. This makes me think of targeting to a specific group to make a profit.

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    1. Oh yes! You've got a marketing brain. Good work! We will talk about this - differentiation, segmenting, etc.

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  15. If you target the right people when doing marketing you have a higher chance of getting money and more sales out of a product.

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    1. That's for sure true. It sounds simple enough doesn't it. It's much harder to put into practice though.

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  16. Tyler Williams: This picture makes me think of business and how you have to nail everything you do and make everything you do perfect in order to start your own business.Tis relates to marketing and what we plan to study because we'll have ti stay on target with everything we do.

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    1. oooo. . .I like how you related it back to what YOU will be doing in class. Good thought process here.

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  17. I think this picture shows that marketing plays a key part in earning money.

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    1. Oh yes it does! It is sometimes hard though to figure out what your return on investment is for each marketing activity.

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  18. When I saw this I thought of Success. The picture makes me think of a business that succeeded in the marketing world. When you hit the bulls-eye of marketing you did something right.

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    1. I like it! Success it is! Great thinking here.

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  19. how to keep money and be able to manage it well. all bussines deal with money which has to do with this 100 bill.- guadalupe

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    1. Yes, you must manage your marketing dollars well for sure. It is sometimes difficult to measure the success of a marketing event.

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  20. Success comes from practice. If you are able to find a product and be able to appoint it to an audience, then you will be satisfied with the outcome.

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    1. Good customer focus in your response assuming that when you say "appointing an audience" you mean finding someone who is willing to purchase the product.

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  21. makes me think that money is the main target

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    1. Yep! Businesses are in business to make money! You can't stay in business without it. It's great to live in the US where we have a profit motive.

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  22. It shows that your target is money and behind the money is the customer which you have to market too.

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    1. Interesting that you put money out in front of the customer.....but yes, most people are in business to make some money! :)

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  23. Cash rules everything around me CREAM get the money dolla dolla bill yall' -Sola

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    1. I must admit I'm not a fan of that song or how they get money in those lyrics but I am impressed of the association between this & music/ lyrics that you may like. Clever thought process. And yes, we do live in a society where money rules a lot of decisions.

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  24. The purpose of marketing is to strategically sell a product in a way that makes the seller the most money.

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    1. You got it! That's what we'll be talking about in the next few days.

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  25. you have to aim for the money

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  26. This caption works. Well done! It is the aim to get a return on our marketing dollars.

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