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the six factors of microenvironment are 1.The Company 2.Suppliers 3.Marketing Intermediaries 4.Customers 5.Competitors 6.Publics
assignment on micro environment factors that affect marketing decision making
Marketing Mix
A positive influence of marketing on society is boosting the economy. A negative influence is consumer confusion when the market is too vast.
MBA marketing is helpful; it emphasizes marketing management as a handle when making business decisions.
it includes the company's internal environment- its several departments and management levels. marketing channel firms, suppliers.customer,share holders, competitors, employees, and the media plus the specific public
These influencers create and share content about a brand, product, or service, and influence their audience's opinions, behaviors, and purchase decisions. Influencer marketing can be a powerful way to reach new customers, boost brand awareness, and increase conversions, but it also comes with some challenges and risks.
Promotion
Decisions at the first level of product management involve the marketing mix for an individual brand/product. These decisions are the responsibility of a brand manager (sometimes called a product manager).
utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.
Content Marketing SEO (Search Engine Optimization) SMM (Social Media Marketing) Paid Advertising Email Marketing Instant Message Marketing Affiliate Marketing Influence Marketing Mobile Marketing Video Marketing Audio Marketing Virtual Reality Marketing
Marketing satisfies students needs because skillful marketing of the right courses helps students to make proper decisions about the schools to join. Students at times need guidance on the best school to learn some skills, but they do not have a reference point to make their decisions.