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Basics of Marketing

Author: James Howard
Video Transcript
Terms to Know
Advertising

Paid communication to inform about a product, idea or service.

Marketing

The process of developing a reciprocal exchange; including the development of informational and promotional materials to stimulate demand.

Public Relations

Communication that is not directly paid for, but functions to inform about a product, idea or service.

Value

The corresponding usefulness, practicality or significance.