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Why do you consider customer wants and not just customer needs in marketing?
Because wants are more powerful than needs. Think of Maslow's Hierarchy where the physical needs are at the bottom of the pyramid and more aspiration, self-discovery needs are higher up.
What is the importance of marketing research in customer satisfaction with superior value?
When we say marketing research this is the research where we can elaborate more about the satisfaction of customer. Marketing research ultimately is satisfying the needs and wants of the people in a certain community. The research is finding viable markets suitable for your company's products to be distributed and in finding these markets where there is demand, you satisfy a consumer need.
Marketing merely reflects the needs and wants of consumers?
intro includes definitions of terms needs and wants. marketing and consumrs. needs are the biological or primary factors need for the survival of an individual.includes food clothing and shelter. secondary needs are the wants or the desires of an individual they can b the quality education.beauty products or the glosaries.branded footwares or the clothings these are the needs and wants. consumer is the mango man who consume the products sometym wid good or no good knw how of a product.marketing is the concept holds that acheving organizational goals depends on knowing the needs and wants of target maekets and delivering the desired satisfaction.Marketing Reflects The Needs And Wants Of CustomersEver since man started trading goods, marketing was created. Marketing has evolved and there were several phases in its evolution. First, there was the production of the product, with no consideration on customers' wants and needs. Secondly, customer's wants and needs were not really considered as products were pretty much standardized. Lastly, products were differentiated and a focus on customer's wants and needs came to the forefront of business concern, which was the needs and wants of customers. (Kotler, P. & Keller, K.).Marketing involves the satisfying customer's needs and wants. An essential factor in the marketing process as well as a business, your goal is to provide value to the customer for a profit. (Kotler, P. & Keller, K.) A successful marketing manager must be open-minded and think from a customer's perspective. Thinking like a customer is an intricate tool to a successful marketing manager. You must ask yourself, what does the customer want and need? Successful companies*it reflects in sch a way that it shape the demands of a consumer*it help consumer in judging the correct or benificial product*it creat the snce and hlp in discriminating the nds and wants of a prodct thus it reflcts thends and wants*basc channels of markting are .intrnt ,role of print and electond media*througn advertisementconclusion*'Marketing merely reflects the needs and wants of customers.' We all need to eat, drink and sleep and reproduce, this is all part of who we are as human beings. Therefore at the basic level companies will strive to satisfy these functions and keep doing so by once in a while showing advertisements that tells the public that they are around and can provide the products they need
What are customer needs wants and Demands?
A customer's needs are things like food, shelter, transportation, etc. Basically essentials for everyday normal function. A customer's wants would be along the lines of sexual appeal, high social status, pleasure, etc. A customer's demands are usually safety, quality, and value. Needs are the basic requirements of human beings which are naturally exist means default requirement of human being such as food, sheleter and clothing. Marketers never perform special role in creating needs nor they can do. Wants are needs shaped by culture and social values and demands are wants backed by purchasing power.
What products and services that satisfy the needs and wants of target customer?
maybe money can satisfy the consumers because they can buy what they want and their needs
What is customer accommodation?
Customer accommodation is satisfying a consumers wants/needs, ensuring their demands are meet and obtaining the end desired state the customer seeks.
How does production help in satisfying needs and wants?
It provides products to satisfy your needs and wants.
What is the importance of capital in satisfying human needs and wants?
when you invest your capital, you create the products which will satisfy human needs and wants you can also be creating needs and wants.. but that's an other story
Short and easy definition of marketing?
It is the management process which identifies customer wants,anticipates their future wants,& then goes about satisfying them profitably
Are wants the means of satisfying needs?
No, wants are not the means of satisfying needs. Needs are essential for survival, such as food, water, and shelter, while wants are desires or preferences that are not necessary for survival. Meeting needs is critical for sustaining life, while wants are more about personal satisfaction or pleasure.
What is Marketing 'or Define Marketing in your own words?
marketing is a act of identifying the needs and wants of the customer and help the customer to achieve those needs and wants through our valuable product
What is the Difference Between Customer Wants and Needs in a Market?
nothing
Why do you consider customer wants and not just customer needs in marketing?
Because wants are more powerful than needs. Think of Maslow's Hierarchy where the physical needs are at the bottom of the pyramid and more aspiration, self-discovery needs are higher up.
What is marketing management philosophies?
marketing is human activity directed at satisfying needs and wants through exchange processes
Definition customer service?
customer service is an organization's ability to supply their customers' wants and needs.
What does it mean to satisfy customer needs and wants?
It means if a customer for example wants something done or has a complaint, you try to fix it and keep them happy. Also the customer is always right
Classical utility theory?
Classical utility theory is satisfying needs and wants. It is an important concept in the economics and game theory.
