Theoretical Concepts. Introductory Elements in Marketing and Marketing Information Systems

Adriana-Georgiana-Eliana Fekete
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Adriana-Georgiana-Eliana Fekete: Ioan Slavici University of Timișoara

BRAND. Broad Research in Accounting, Negotiation, and Distribution, 2020, vol. 11, issue 1, 19-27

Abstract: This paper explores fundamental concepts in marketing, tracing its evolution from its early 20th-century origins to its contemporary significance in business strategy. The study outlines key theoretical aspects, including marketing orientations, product classification, product life cycle, pricing strategies, distribution mechanisms, and promotional techniques. Additionally, it highlights the role of Marketing Information Systems (MIS) in modern decision-making. Through a synthesis of expert perspectives (Kotler, 1991; McCarthy, 1960; Vernette, 1992), the study emphasizes marketing's transformation into an integrative function essential for corporate success. The research underscores the necessity of strategic and operational marketing approaches in navigating competitive market environments.

Keywords: marketing evolution; product life cycle; pricing strategy; distribution; promotional techniques; marketing information systems. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bra:journl:v:11:y:2020:i:1:p:19-27

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