Marketing: Understanding the Course, What You Study and Where It Can Take You
Contents
What Marketing Really Involves
Marketing is the study of how organisations understand customers, create value, communicate with the right audience and build demand for products or services. It combines business knowledge with communication, research, consumer behaviour and strategic decision-making.
A student studying Marketing is not simply being trained to sell goods. The course looks at what makes people choose one product over another, how businesses identify opportunities, how brands are positioned and how organisations maintain relationships with customers.
What You May Encounter as a Marketing Student
Depending on the institution, your studies may expose you to areas such as consumer behaviour, marketing research, sales management, advertising, distribution, product planning, pricing, promotion, retailing and marketing strategy.
Marketing also connects naturally with other areas of business. Students may encounter concepts from Economics, Accounting, Management, Entrepreneurship and Business Administration because marketing decisions are often linked to the wider performance of an organisation.
Major Areas Within Marketing
- Consumer behaviour
- Marketing research
- Sales management
- Brand management
- Advertising and promotion
- Retail marketing
- Digital and online marketing
- Product management
- Pricing and market strategy
- Distribution and logistics
- Customer relationship management
- Business-to-business marketing
Why the Course Can Be Relevant to Different Industries
Marketing is used by banks, telecommunications companies, manufacturers, technology companies, schools, hospitals, retailers, media organisations, hospitality businesses and many other organisations. This means graduates can apply their knowledge in different sectors rather than being restricted to one particular industry.
The degree can also be useful for people who eventually want to build their own business because understanding customers, pricing, competition and promotion is important when taking a product or service to the market.