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Definition: Marketing Management is the process in business administration of planning, executing, and overseeing marketing strategies to achieve organizational goals. It involves analyzing market trends, identifying target audiences, and developing effective campaigns for product promotion, pricing, distribution, and communication. Marketing management also includes monitoring performance, adjusting strategies based on results, and ensuring that marketing efforts align with the company’s overall objectives. The goal is to maximize customer satisfaction, drive sales, and enhance brand value. |
More on marketing strategy: 4C Marketing Mix, Attack Marketing Strategies, Co-Marketing, Defensive Marketing, Marketing, more on marketing strategy... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic.
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