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Before reading the text, I believe that marketing is the interaction of buyers and sellers. It is the business of advertising, promoting, and selling a product to the consumers.
Upon reading the text, I developed a clearer understanding of what marketing really is. Marketing is about providing value to the sellers who sell the product, as well as consumers who buy the product. In marketing, a product is developed in order to serve a function and the best products are those that best meet the needs of the buyers, sellers, investors, and anyone affected by the product.
The needs of the buyers are the most important because they are the ones that ultimately find use for the product or service...
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