Heir own music academy where kids 7 to 18 can receive instrument or voice lessons and be part of a band that puts on a live show. Which step in the marketing process is the best place to begin?

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Find out what young musicians want to accomplish and what is important to them as first stage in the marketing process. Marketing process indulges strategies to generate value for consumers to meet their needs. Customers and businesses engage in a cycle of actions and responses as a steps to add value and meet customer needs.

In marketing process, environment is analyzed to find opportunities, value proposition strategy is developed, tactical decisions are made, plan is carried out, and results are tracked. Strategic marketing analysis, marketing mix planning, marketing implementation, and marketing control make up the four steps of marketing process.

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Universidad de Mexico