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Principles of marketing

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Principles of Marketing

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PRINCIPLES OF MARKETING 1




PRINCIPLES OF MARKETING




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, PRINCIPLES OF MARKETING 2


Product/Service Description

These are many different businesses in the contemporary world. In this case, the business

deal in a diverse range of products and services which are designed to suit the needs of their

customers. Due to this, it is required for businesses to expand and include different ideas that

may be useful in creating popularity, which is brought about the quality of the services they

require. However, one major area of business that has grown exponentially in the contemporary

world is the type of businesses tied to the element of technology. This is because technology has

made it possible for people not only to advertise effectively but also to bring new ideas in terms

of starting multiple businesses. One main area that has taken the world by storm in terms of the

profits it generates is the video streaming services that are available in the modern world. In this

context, there are a lot of companies that fall under this specific field, and most of them have

been growing over the years and established themselves enough to garner a lot of customers,

therefore, creating a lot of profit.

This paper will focus entirely on marketing activities associated with the launch of a new

service. As such, the service that will be explored is starting a new video streaming service. This

service will allow a lot of people around the world to have access to new videos and also old

videos. The contents of the videos will be mostly films that have been produced over time and in

demand. The idea behind this business idea is that people find it hard in the contemporary world

to access films based on the availability, quality, and the costs involved in the process. Due to

this, the streaming service will take all these factors into consideration to bring about the best

quality at the cheapest possible costs. The streaming service will be accessible not only online

but also offline since it would allow the subscribers to download videos to their respective

accounts but would not be able to save the contents of the videos to their gadgets. This streaming

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