The practice of marketing has been known for millennia, but the term “marketing” used to describe commercial activities buying and selling a products or services came into popular use in the late nineteenth century.
Philip Kotler, a widely recognized marketing “guru” and author of numerous textbooks on the topic, breaks down the history of marketing as a discipline into five eras: product, production, selling, marketing and holistic marketing. These eras don’t have distinct start or end dates, and the practices of each era are still in use; but their sequence illustrates the evolution of marketing as a discipline.