Principles of Marketing
BusinessEconomicsMarketing

Principles of Marketing

by Philip Kotler

Publisher
Pearson
Pages
695
Language
English
Published
1980

Overview

Philip Kotler and his collaborators organize marketing around the creation of customer value and the development of durable customer relationships. The starting point is not promotion alone. Organizations must understand needs, design an appropriate value proposition, deliver it consistently, and learn from the response of the people and communities they serve.

Principles of Marketing connects that framework to a marketplace shaped by digital, mobile, and social technologies. Real-time research, social selling, customer co-creation, and online communities give customers a more active role in brand conversations and product development. These tools expand the possibilities for engagement, but they also require marketers to coordinate experience across multiple channels.

The book moves between concepts and business cases so that theory can be tested against organizational decisions. Readers can use the customer-value sequence as a guide: identify a market, choose whom to serve, define the promised value, build the relationship, and measure what both sides receive. Coverage of sustainable and global marketing broadens that sequence beyond immediate sales. It asks how customer connection interacts with long-term social expectations, differing markets, and the responsibilities attached to growth.

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