Meaning & Definition of word "Marketing"

Marketing

/ˈmɑːrkɪtɪŋ/

1. The action or business of promoting and selling products or services, including market research and advertising.
- Example: Effective marketing strategies can significantly increase a company's sales.
2. The process of communicating the value of a product or service to customers.
- Example: Digital marketing has transformed the way businesses reach their audience.
3. The total activities involved in promoting, selling, and distributing a product or service.
- Example: The marketing department is responsible for brand management and customer engagement.
4. The activities of a company associated with buying and selling a product or service.
- Example: He decided to pursue a career in marketing after studying consumer behavior.
5. The act of promoting or selling a product, service, or brand.
- Example: The workshop focused on the latest trends in online marketing.

Derived from the word 'market' which comes from the Latin 'mercatus', meaning 'trade or market'.

target market:

A specific group of consumers at which a product or service is aimed.

market share:

The portion of a market controlled by a particular company or product.

marketing strategy:

A plan of action designed to promote and sell a product or service.

A notice or announcement in a public medium promoting a product, service, or event.

consumer:

A person who purchases goods and services for personal use.

branding:

The process of creating a unique name and image for a product in the consumers' mind.

Meaning: Hustle

Example Sentence: He has to hustle to get those sales up before the quarter ends.

Meaning: Sell out

Example Sentence: That brand has totally sold out with their latest campaign.