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“Marketing Is the Management Process That Seeks to Maximise Returns to Shareholders by Developing Relationships with Valued Customers and Creating a Competitive Advantage.” Doyle, P., (2000), Value-Based Marketing,

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Submitted By CharlesMeynell
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Executive summary
Businesses are run with ideologies which include concepts and principles. However, the most important thing in business is marketing because it creates awareness to customers of the products of a business. As this is the case, managing directors and marketing managers should always make sure that they employ effective marketing principles in attracting customers and retaining them. The objective of marketing is to retain existing customers and attracting new ones.
Business is about satisfying customers and thus increasing their activity with your business. As in most business sectors there is tough competition meaning that businesses can only gain competitive advantage when they are effective in marketing & good customer service, which includes creating good rapport via public relations. However, this is not as easy as it sounds and much work has to be done in order to attain it.

Customers will make choices of where to go for goods or services based on many things - including their perception of the attitudes of employees. Four main aspects have been selected as the main determinants of the success of any business. They include the place where the business is located, the product(s) itself, the price of the product and the manner in which the company promotes its products. A combination of the 4 P’s and a PEST analysis are likely to improve or produce excellent results.
Introduction
Applying marketing principles are the building blocks in business growth and provide a business with in-depth exposure to practical examples and application of managerial decisions. Remember that the business has a mandate to control the needs of resources against the marketplace opportunities and therefore effective management of marketing will be of the essence in designing marketing strategies (Doyle,pp.5).
In marketing, it is always important to be the

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