What does business marketing have to do with math? Please give a well explained answer.
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In order to generate demand, interpret market or consumer behavior, growth, changes in consumer preferences, etc. you have to measure and have statistics on each and every variable that is relevant to design a strategy or a course of action.\n\nMath is in all of these stages of analysis.
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MARKETING includes identifying unmet needs; producing products and services to meet those needs: and pricing, distributing, and promoting those products and services to produce a profit.  \n\nMarketing consists of all activities designed to generate and facilitate any exchange intended to satisfy human needs or wants. More simply put in business terms, activities designed to plan, price, promote and distribute products or services to target markets.\n\nMarketing is a fact of life. There are so many businesses in so many categories, how will you persuade potential customers to come to you, to make people aware of your business, products or services and convince them to buy?\n\n4 P's of Marketing\n\nProduct - the products or services you offer and are they unique, superior, easier to use.\n\nPrice - how much to sell your products for, based on your cost and value to potential customers.\n\nPromotion - communicating to potential customers to create an awareness of your business.\n\nPlace - your business location and methods of distributing your products. \n\nThere are many methods of marketing from simple to elaborate and from inexpensive to extremely costly. The following list outlines some common marketing and communication methods used by millions of businesses to reach their potential customers:\n    * Print advertising in newspapers, magazines, business journals, community newsletters, etc.\n    * Developing sales flyers, brochures or newsletters for distribution to potential customers.\n    * Attend trade shows or exhibitions related to your industry, product or business.\n    * Press releases and public service announcements in newspapers. Usually free and good exposure.\n    * Cooperative marketing efforts (in advertising, etc) with a business that compliments yours.\n    * Join community networking groups like your local chamber of commerce or business committee.\n    * Join professional associations through your industry, business or personal credentials.\n    * Internet marketing is an exciting and inexpensive method of regional, national or global marketing.\n    * Telemarketing to potential customers off a list or out of the telephone book.\n    * Direct marketing with written correspondence using a list to mail or fax marketing literature.
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I was in marketing for a few years, and my major in college was Communications with an emphasis in Business Administration. Many aspiring marketing people chose this major. Other relevant majors are English, Psychology, History, and Cog Sci. Whatever she takes, it will really help to minor or double-major in Business. It also helps a lot to get internships to get a foot in the door.
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Explain the business.
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here you can find good marketing concepts as well as examples\n\nhttp://www.marketingprofs.com\n\nhttp://www.google.com/search?hl=en&lr=&q=good+marketing+concepts&btnG=Search
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It uses the logical part of your brain, as opposed to the creative part. Of course, in the developed world it is called Maths.
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Mathmatics and Statistics are a great course of study for analyzing data.  My major was Business Management and Administration, and I am a Quality Manager for a call center.  I analyze quality data and determine trends and areas of opportunity for our agents to improve their customer service skills.\n\nSince you don't like math, look into courses that offer logic and discussion.  By learning how to ask questions and seek out the root answers, it'll help you in analyzing.
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Any meaningful business degree will require the maximum amount of math and expert knowledge of written and spoken English, grammar and style. You will have to crunch the numbers. You will have to write reports and deliver oral presentations. If you slip up on any of these things, you won't be making much for very long.
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First of all, What kind of marketing?  Look at the retail side of the world there are so many sides to choose from.  Clothing is a trend base market- a name, a style, season changes,even size of the clothing being offered at a business can affect the sales in certain markets.  Electronics- there are many factors that can figure into that market- ie... market, buyers, credit offers.  Then you may need to factor in local market competition and advertising for market.  Specialty stores are good but must have factors to bring in traffic- no traffic means no sales.  Location can all so market in a key factor for some retailers, are they building or going to build in that area, is it a growing market for not only your product but the products you may want to ad to the  store.  Hope any of this helps.
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Although the good Dr has offered great answers, I'd like to add that there is a simpler definition for marketing.\n\nMarketing is communication. Period.\n\nEvery time a customer, client, potential client or potential customer is touched by your company or a representative of your company (paid or otherwise) marketing occurs.\n\nIf a satisfied customer tells a best friend how great your service is, you have excellent, effective "word-of-mouth" marketing. If someone complains to their buddy about your service, you ALSO have marketing. Although the negative marketing may be quite effective (by effectively driving away potential business) -- it's not good marketing for your business.\n\nMarketing, (good and bad), is the way your company and its products or services are communicated/represented to the public -- and specifically to your target market. \n\nMarketing is NOT advertising. Advertising is just a small portion of the whole marketing concept. All communication about your company added together creates your overall marketing picture. If you have more negative than positive communications, your marketing doesn't create sales and your business won't survive.
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You should take a serious look at specialties in Marketing and Finance.\n\nYou need to understand marketing concepts (especially the role of Price) and finance concepts such as ROI and cost of carry.\n\nGood luck.
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Game theory is a realm of mathematics devoted to reducing real world situations to 'games' to determine an optimal strategy for achieving a certain goal.  The science of economics is based heavily upon game theory.  It draws upon many different disciplines including such seemingly diverse fields as psychology and probability.  Although you may not personally need to know algebra to work in advertising, anyone well versed in it would have a definite advantage in the highly competitive business world.
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Wow - how negative those answers are.  OK - here's the real answer:\n\nWhile bad marketing techniques do create a false image, good technique portrays the benefits of the product or service being sold.  There's no need to mislead a buyer when you have something they want to buy.  \n\nIntelligent marketing will identify those customers that want your product, and then introduce it to them.  That's why good marketing works, and bad marketing always fails.\n\nBad marketing sells a product or service by tricking someone into buying it - and they only get fooled once.  There's rarely a repeat sale.\n\nGood marketing makes the initial sale, and then the customer comes back again, and again, while the marketing effort is bringing in more new sales.  It becomes self fullfilling.\n\nThis is why ads that tell the truth always produce more sales, and why the ones that promise the earth soon disappear as the company goes down the pan!\n\nI hope this helps.
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The two equations you are given are just two different ways to express the information.  The way this is set up assumes that the inventor will be able to sell every item that is produced, so both her production and sales are represented by "x".\n\nTo see that the two equations are really giving you the same information, notice that:\n\nSales - cost =profit.  Sales would be 4.00x.\n4.00x-(1.75x+7000)=2.25x-7000\n\nThe break even point is when your profit is zero, so you are neither losing nor gaining money.\nP(x)=0.  This point would be called the y-intercept if you were drawing a graph.\n\nAlso, if you look at your two equations, you can see that they are written in the form, y=mx+b, so you could graph the equation, and read the points off the graph, where:\n\n(a) x=2000\n(b) x=5000\n(c) the value of x when y=0.\n\nOr if you feel more comfortable with the algebra, just use your equations.\n\nThe best way is to find the answer by two different ways, and see if they agree.  For a quick check, you can just compare the answers and see if they make sense.\n\nJust by noticing that the slope is positive, you can already tell that the profit for 5000 units should be greater than for 2000 units.\n\nLittle ways to check your work are especially helpful during an exam.
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If it is from marketing point of view, you need to examine it from the point of the 4 marketing mix elements: Product(characteristics), place(how the product is being distriubuted), price(which pricing method is used) and promotion(how the product is promoted).You might want to find out the market share of the product. It is best to choose a well known product for which you can find a lot info on the Internet(Coca Cola, Nike, Pepsi...)\nGood luck...
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Marketing is very important. While we may want customers to just flock to our businesses without us spending a single dime, oftentimes it does not happen. We have to work really hard to get them to learn about our products or services.\n\nBut marketing does not really have to break the bank. The key is to measure the return on your investments. If you have limited funds, think of the best way you can reach more customers. \n\nHere are some marketing tips that you can do:\n\n1. Direct mail. Prepare a well-crafted brochure and send it to your target markets in Sunnyvale. Find a vendor in your area renting mailing lists of business establishments or take the time and go over the yellow pages and get their contact information. You can read more of how to use direct marketing strategies here http://www.powerhomebiz.com/marketing/direct.htm\n\n2. Publicity. Publicity can oftentimes be more effective than advertising. Not only is it cost-effective (oftentimes you are paying for nothing), but also people are apt to remember an article about your business rather than advertising. People find a write-up or special feature about a business more credible and objective than a paid advertising. Publicity also reaches a wider audience: if you are lucky, the national media might even pick up your story. Contact an editor of your local newspaper and pitch your story. Read the article "Leverage the Power of Publicity for Your Small Business" \nhttp://www.powerhomebiz.com/vol27/leverage.htm\n\n3. Press releases. Send out press releases through your local newspapers about your business. Whether it is about your story or about a sale you are offering, press releases can be very good exposure for you. You can read more about how to harness press releases for your business here http://www.powerhomebiz.com/marketing/public%20relations.htm\n\n4. Use the Internet. The Web can be your online brochure. You can use it to refer your potential clients for more information about your business; and it could also generate clients for you directly. Some of your potential clients may be looking to the Web for a floral designer, and you need to have a strong presence there as well.\n\n5. Network. Join and be active in your local business organizations, chamber of commerce, etc. Increase your visibility in the community. You can find more information on networking here http://www.powerhomebiz.com/marketing/networking.htm\n\n6. Word of mouth. This is the best form of advertising for your business - afterall, it is free. Read "Secrets of Word Of Mouth Marketing" http://www.powerhomebiz.com/vol154/wordofmouth.htm\n\nI also suggest you read the following articles on marketing:\n\nLow-Cost Promotional Strategies for Home Businesses http://www.powerhomebiz.com/vol149/promotion.htm\nMarketing Without Advertising http://www.powerhomebiz.com/vol54/marketing.htm
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Cost to produce/market the product.\nGoing rate for similar products.