Showing posts with label Peter. Show all posts
Showing posts with label Peter. Show all posts

August 04, 2011

Josiah Go's Definition of Marketing, AATR

Josiah Go, the Philippine guru on marketing, an Agora awardee for marketing education defines marketing as " continously serving customer needs and wants better than competition at a profit."

The key words are:   continuously, satisfying, needs and wants, better than competition, and at a profit

Marketing is a key function of a business.  Peter Drucker defines " business as an entity that creates customers"Without customers, there is no business.  Our organization can not have more staff than there are customers.,

 The role of marketing in a business:

l.  A business  has a Vision.

2.  To achieve the Vision, it needs cash flow.

3.  Cash flow comes from sales

4.  Sales is achieved by having:

       AATR

      l.  Awareness
      2.  Availability
      3.  Trial
       4.  Repeat Sales

All CMOs or ACMO, s, please explain via comments, asap.

For compliance.

JUS


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