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Q: Has a case study from the customer service book 5th edition by paul timm page 82 case is (weeding out the unprofitable customer) question 1. to what extent do you think brunos approach will work?
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What is the single biggest difference between the marketing concept and the production product and selling concept?

The single biggest difference between the "MARKETING CONCEPT" and "PRODUCTION PRODUCT & SELLING CONCEPT" is : # The marketing concept is "Customer Oriented" like the needs, requirement, satisfaction, consumption etc. of the buyer or consumer or customer. It focuses on the idea of satisfying the needs of customers with the products & the whole lot of things associated with creating, delivering & consuming it. # Whereas the other concepts are "Company Oriented" like its profit, production, products, & the need to convert products into cash. To quote Sergio Zyman, Coca-Cola's former VP of marketing "the purpose of the marketing (meaning selling actually) is to sell more stuff to more people more often for more money to make more profit. Reference : Marketing Management - By Philip Kotler & Kevin Lane Keller - 12th Edition. Chapter - 1. = By Himansu S M


What are the 8 P's of services marketing?

Whilst for some time there were considered to be 7Ps in the services marketing mix, which included the traditional 4Ps plus Process, People and Physical evidence (the last 3Ps represent the systemic vision from the Marketing point of view), Services Marketing Academics and Experts from the sector have recently added an 8th P (Lovelock and Wirtz, 2007, pp. 22-23). Thus, the 8Ps of services marketing are defined as follows:Product elements - the core and periphery service elements at the centre of the company's marketing strategy;Place and Time - delivering product elements to customers can be done physically and/or electronically, depending upon the service. Speed and convenience are essential to the customer and are important value-adds;Price and Other User Outlays - pricing is only a part of what customers may part with when purchasing a service; one must also consider time and convenience;Promotion and Education - speaks for itself, but the marketer must make sure communications not only provide information, but also persuade the customer of the service's relevance to the customer's particular 'problem';Process - the means by which the firm delivers product elements;Physical Environment - the appearance of the place where the services are delivered may have a significant impact upon whether the service was satisfactory;People - front-line staff will have a direct impact on perceptions; andProductivity and Quality - improving productivity is a requisite in cost management; but quality, as defined by the customer, is essential for a service to differentiate itself from other providers. (Lovelock and Wirtz, 2007, pp. 23)References:Lovelock, C. and Wirtz, J. 2007. Services Marketing: People, Technology, Strategy. 6th Edition. New Jersey, USA: Pearson International - Pearson/Prentice Hall.


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If you're taking Consumer Behavior it's on page 65 of the textbook,Hawkins, D. I., & Mothersbaugh, D. L. (2013). Consumer Behavior: Building Marketing Strategy, Twelfth Edition. New York: McGraw-Hill Irwin.


Explain the difference between product concept production concept nad marketing concept?

The Marketing Concepts have evolved during the period of human existence. Chronologically they are : # Exchange Concept # Production Concept, # Product Concept, # Selling Concept, # Marketing Concept, # Holistic Marketing Concept. Now we are required to explain the difference between "PRODUCTION", "PRODUCT" & MARKETING" concepts. Here they are : # Production Concept - This concept is one of the oldest, and suggests that the consumers will like to buy the products which are available easily, cheaply & widely. So the marketers must have a mass production facility (efficient production) with low price ( cost efficiency) and make it available very near to the customers (mass distribution). This concept is adopted when the Company wants to expand. # Product Concept - This is the next step of evolution of marketing concepts. It depicts that customers will go for those products which offer quality, utility, features, performance, value, benefits, etc. So the marketers must improve the products in an innovative way & continuously. This is more often accompanied by a suitable pricing, distribution, promotion (all the 4Ps of marketing). # Marketing Concept - This concept was evolved in the 1950s, and for the first time the attention was shifted to Customers. Instead of concentrating on the Products / Production / Selling, the business became "Customer Oriented". The "Make & Sell" philosophy gave way to the "Sense & Respond" philosophy. Instead of finding the right customer for the product, the marketer now has to find the right product for the customer. This concept holds the secret of the company being more effective than its competitors in creating, delivering & communicating superior value to the targeted customers. Reference : Marketing Management - By Philip Kotler & Kevin Lane Keller - 12th Edition. Chapter - 1. = By Himansu S M

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