Everybody seems to know Marketing. The w rld is full of Marketing gurus. We all t lk about with a remarkable ease and c nfidence, though most of the times we are not M rketing professionals and not even close. Wh t are the most frequent mistakes in nderstanding Marketing practices and theories? 1. Defining Marketing
There is clearly a general tendency in employing the notion of Marketing within a confusing mix of Public Relations, Advertising, or Media Planning. Regardless of the degree in evolution and growing of Marketing, many of us still cannot understand what Marketing really is and only see the its extreme manifestations. Many believe Marketing is a useless, fancy field, eating up budgets and giving little in return. Others see Marketing as an artistic field, where all you need is creativity to develop a memorable ad. 2. Marketing is still confused with Communication
This common mistake is, again, the result of sufficient understanding of Marketing. Marketing professionals are often thought to be responsible for creating advertisements, logos, slogans. What people usually see is the mere top of the iceberg, forgetting that there is a product, a price and a distribution strategy to be developed before even thinking of advertising.
3. Under- or overestimating the r le of the marketer
On one h nd, the marketer is often seen as a m st-have within a company, but (s)he has an ndefinite role and ends up doing a l ttle of everything (Marketing, Advertising, Public R lations, Customer Care, Account Management etc.) On the ther hand we might be faced w th the other extreme, where the m rketer is an omniscient, all-powerful creature clipsing everyone else. 4. Segmentation
In spite of the abundance in resources and consulting services aimed at researching the consumers base, segmentation is still done intuitively at least at small-business level. Large companies might have whole departments assigned to work on segmentation research and strategy, and still not be fully failure-proof. 5. Marketing for the sake of it
This is an attitude I have met in too many occasions not to mention it. People (and again, small-business owners are the usual culprits) do marketing because everyone else does it, because they heard they should do it, because it is a fashionable thing to do. Surely, the list above is not exhaustive, and it only points at several attitudes leading nowhere on the Marketing battlefield.
Marketing is surely not an art, thought it does employ a certain flaire and creativity. Marketing is not a science either, but it operates with precise instruments. Marketing is not for everyone and not to be performed regardless of the conjuncture around the business. We should keep in mind that Marketing operations have a clear objective: increasing the profitability of a business. To bring money, to be more clear. Marketing is therefore just as important as everything else in the company: if a product has functional faults we would blame the production department, but when a product does not sell for reasons beyond production it is usually the Marketing department to take the blame.
The article Understanding Marketing: 5 Common Misconceptions was Submitted by Otilia Otlacan through Articles.GetACoder.com network. Here's the additional information: Otilia is a young certified pr fessional with expertise in e-Marketing, currently w rking as independent consultant. She has r cently launched MarketingWHO.com, a professional Marketing Directory and she publishes TeaWithEdge.com, a Marketing and eMarketing articles portal. You can contact Otilia through her personal web site, BRAINmarketing .
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