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In Nepal. Group Members. Aakankshya Dhakal Priya Joshi Pratima Neupane Riya Shrestha Rimjhim Singh Sukriti Tiwari Sushil Gnawali Aashish Bhattarai Ramesh Bikram Thapa Milan Khatri Pawan Adhikari Bibek Pahadi. Defination of Marketing.
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Group Members • AakankshyaDhakal • Priya Joshi • PratimaNeupane • RiyaShrestha • Rimjhim Singh • SukritiTiwari • SushilGnawali • AashishBhattarai • RameshBikramThapa • Milan Khatri • PawanAdhikari • BibekPahadi
Defination of Marketing • According to Philip Kotler, “Marketing is a social & managerial process by which individual & group obtain what they need and want through creating offering & freely exchanging products & services of value with others.” • According to American Marketing Association , “Marketing is the process of planning & executing the conception, pricing , promotion & distribution of goods & services to create exchange that satisfies individual & organization objectives.”
According to American Marketing Association , “Marketing is the process of planning & executing the conception, pricing , promotion & distribution of goods & services to create exchange that satisfies individual & organization objectives.”
Evolution of Marketing • Origin of Marketing was during 17th Century • But Western Countries adopted Only During 19th Century • Later America adopted Marketing in mid 19thCentury • While Nepal adopted only in the late 19th century
Five Marketing Concept • Production Concept • Product Concept • Selling Concept • Marketing Concept • Societal Marketing Concept
Marketing Concept in Nepal in the Past • Marketing was totally neglected, enterprise tend to concentrate on production and selling rather than marketing activities • There was only physical distribution of goods and services from producer to consumer • Whole transaction start after good production and end after good has been sold • No enterprise provided any allied activity of marketing • At those period main object of marketing was to maximize profit by maximizing production and sales
Marketing Concept Now • Nepal has experienced significant socioeconomic changes over the last years. • The supply-driven marketing where organization could sell everything they produced, is increasingly giving way to demand-driven marketing. • The realization gradually coming that customer and their important.