What is Marketing? A Beginner's Guide to Key Concepts & Principles

If you're a small-business owner or side hustler looking to grow your brand, you've probably heard that marketing is essential. But what is marketing exactly, and how can you use it to attract customers and generate sales? In this guide, we'll break down the fundamentals of marketing so you can start building a strategy that works for you.

 

Communications and marketing graphic of a woman and man sitting facing each other. The man is sitting on a yellow shair and the woman on a large phone screen. Both are holding laptops. Between them float icons for wifi, search, play, text and image.

Image by freepik

What is Marketing?

At its core, marketing is the process of promoting and selling products or services to a target audience. It involves understanding your customers, creating valuable messaging, and using the right channels to reach them. But marketing isn’t just about advertising — it’s about building relationships and trust with your audience over time.

Key Marketing Concepts You Need to Know About

1. The 4 Ps of Marketing

One of the most classic marketing models is the 4 Ps, which help define your marketing strategy:

  • Product — What are you selling? How does it solve a problem for your customers?

  • Price — How much does it cost? What pricing strategy makes sense for your market?

  • Place — Where and how will customers find your product? (Online, in-store, etc.)

  • Promotion — How will you communicate your product’s value? (Social media, email, ads, etc.)

2. Understanding Your Target Audience

Marketing is all about reaching the right people. Instead of trying to market to everyone, define your ideal customer by considering factors like:

  • Age, gender, and location

  • Interests and values

  • Pain points and challenges

When you know your audience, you can create content and offers that truly resonate with them.

3. The Marketing Funnel

The marketing funnel is a model that explains how people move from discovering your brand to becoming loyal customers. Traditionally, it has three main stages:

  • Awareness — People learn about your business for the first time (through social media, ads, SEO, etc.)

  • Consideration — Potential customers evaluate your product or service (reviews, testimonials, content, etc.)

  • Conversion — They make a purchase or take an action (buying, signing up, contacting you)

Your marketing strategy should guide customers through each stage. Alternative models, built on similar principles, include for example the Inbound Marketing methodology created by HubSpot.

4. Branding & Messaging

Your brand isn’t just your logo and colours — it’s the overall perception people have of your business. Strong brand identity includes:

  • A clear mission and values

  • Consistent visual identity (colours, fonts, design)

  • A unique voice and messaging that sets you apart from competitors

5. Choosing the Right Marketing Channels

There are many ways to promote your business, but not every channel is right for you. Some of the most popular marketing methods include:

  • Content marketing — Blog posts, articles, videos, podcasts, or other value-giving content

  • Social media marketing — Engaging with audiences on platforms like Instagram, LinkedIn, or TikTok

  • Email marketing — Sending newsletters and promotional emails to build relationships

  • SEO (Search Engine Optimisation) — Improving your website’s visibility on Google and other search engines

  • Paid advertising — Running ads on social media, search engines, or websites

Choosing the right mix of these channels depends on your target audience and business or campaign goals.

Marketing is About Consistency & Experimentation

Marketing isn’t a one-time effort — it’s an ongoing process of learning, testing, and refining your approach. Start with small, manageable actions and build from there. Over time, you’ll see what works and can adjust your strategy accordingly.

 

Want to learn more? Join our 30-day challenge to build your first marketing strategy, step by step!

 
 
Previous
Previous

What Are Brand Stories and How to Write Them?