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Modern Marketing Strategies

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Submitted By charlottetachu
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Marketing is a technique utilized by organizations to obtain or notify consumers about new or current products or services (Kotler, & Keller, 2012, p. 5). It is a method that includes advertising, market research, promotion and selling of products or services to make a business profitable (Kotler, et al, 2012, p. 5). In business there are two critical functions, innovation and marketing, which in the company’s eyes it can mean understanding and knowing the customer so well that the product or service fits their needs. Marketing is about how and what is said to explain how awesome an organization’s product is and why the people should purchase the product or service that is being advertised (Kotler, et al, 2012, p. 5). With that in mind, the objective of this post will explain how marketing managers can effectively utilize modern marketing strategies and plans to deal with the numerous changes in business and its environment that can potentially impact the company’s brand image and the customer’s perception of the overall organization.
Technological changes are increasing at a faster pace which means that organizations must continue to utilize several modern techniques to obtain consumers and make notifications. For instance, most businesses utilize several modern marketing techniques that include videos and social media (Facebook, Twitter, and Reddit, etc…). After comprehending that Mr. Stahl said that organizations have to continuously monitor and be alert of the changes in the environment; there is no doubt that modern marketing techniques will no longer be called modern. There are numerous methods designed to market products to consumers; organizations choose the best techniques that will fit their overall needs. On the other hand, most people utilize the internet to shop and purchase items instead of going to brick mortar stores and business management

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