There can be various answers to this question, and it can be varied in depth and example. I shall try to provide some guidance. From my understanding, I feel that marketing does both. It creates and also satisfies needs of customers. For establised firms, it's essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer's needs, the firm thus tries to understand it's customer's needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to 'create' needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. http://www.chiing.com/ - CLICK HERE ;]
To satisfy customers needs...
A business can't run efficiently and effectively without a marketing department. It is because a major function of marketing is satisfy the customers need.
The US postal service provides direct mailing to customers. All you need to do is mark your mail with an address, apply the correct postage, and put it in a mailbox.
It is the Marketing Concept.
There can be various answers to this question, and it can be varied in depth and example. I shall try to provide some guidance. From my understanding, I feel that marketing does both. It creates and also satisfies needs of customers. For establised firms, it's essential to be able to satisfy the needs of customers. As they say, a satisfied customer is a profitable one. To be able to satisfy the customer's needs, the firm thus tries to understand it's customer's needs and then attempt try to deliver it. On the other hand, new firms or marketing these days also attempt to 'create' needs. By doing so, the customer have a reason to buy the product. The basic reason customers purchase anything is they need it. However if customers have a perception that they do not need it, they may not purchase the product. Hence marketing these days have evolved to create needs for customers. Marketing these days does not only mean existing customers, which have needs but also non existing customers, which have no needs. Creating needs by marketing can mean the excellent usage of promotion activities, from words on a poster to colours on it. It can also mean effective sales techniques by the door to door salesman which can talk their way to sell you anything. http://www.chiing.com/ - CLICK HERE ;]
The marketing concept is the strategy that firms implement to satisfy customers’ needs, increase sales, maximize profit and beat the competition. There are 5 marketing concepts that organizations adopt and execute.
FALSE, always satisfy your customers. All the BOSS wants.
The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.
To satisfy customers needs...
marketing relationships by firms
The aim of any company is to create satisfied customers. In the past what have you done to guarantee that customers were always satisfied? Can you give me a specific example?the answer is :> market offeringBecause the offers of goods and services to market is the aim of an organization that leads to create satisfied customers needs and gain their backward for what they have used or consumed .Ex. some combination of products, services, information, or experiences offered to amarket to satisfy a need or want.This is marketing offering
if anyone find then plz share
A survey is a tool used to tell how well you satisfy customers during their visit to a store. They are asked a few questions about their visit and asked to give an overall rating.
They are firms that do not accept customer deposits but provide services like share trading, derivatives, insurance etc to its customers.
A business can't run efficiently and effectively without a marketing department. It is because a major function of marketing is satisfy the customers need.
Business seeks to satisfy the needs and wants of customers. Needs are things that we all need to survive: water Food shelter warmth Wants are everything else: A luxury Boat A New Car Air Travel Pets An expensive Watch Business does this by creating goods for sale - and providing them in a place where customers can buy them. Business also satisfies a customers needs by providing services such as hairdressers or cleaners.