1. Negative demand: consumers dislike the product and may even pay a price to avoid it.
2. Nonexistent demand: consumers may be unaware or uninterested in the product.
3. Latent demand: consumers may share a strong need that cannot be satisfied by an existing product.
4. Declining demand: consumers begin to buy the product less frequently or not at all.
5. Irregular demand: consumer purchases vary on a seasonal, monthly, weekly, daily, or even hourly basis.
6. Full demand: consumers are adequately buying all products put into the marketplace.
7. Overfull demand: more consumers would like to buy the product than can be satisfied.
8. Unwholesome demand: consumers may be attracted to products that have undesirable social consequences. E.g. Cigarettes are harmful to society but attract more and more consumers to use.
examples for each markating demand
negative demand state
negative demand
maturity, decline
a. Negative: Target market is aware of product but not interested or don't like it e.g. vegans have negative demand for meat i. Marketing Task: Reverse demand (conversional marketing)
1. Negative demand =conversational marketing 2. No demand= stimulation marketing 3. Latent demand= development oriented marketing 4. Irregular demand= synchro marketing 5. Falling demand = re marketing 6. Full demand = maintenance marketing 7. Overfull demand =overfull demand unwholesome demand = counter marketing
1. Negative demand =conversational marketing 2. No demand= stimulation marketing 3. Latent demand= development oriented marketing 4. Irregular demand= synchro marketing 5. Falling demand = re marketing 6. Full demand = maintenance marketing 7. Overfull demand =overfull demand unwholesome demand = counter marketing
Marketing management demand management?
Demand is a desire to own anything which has an ability to pay for it plus willingnes to pay. Marketing stimulus demand through promotion (which can be advertising, sales, publishing, public relation etc). It also fulfil demand by offering appropriate marketing mixes. Marketing is concerned with demand management for customer satisfaction. Thanks
marketing where the goal is reducing the demand for goods and/or services
needs,wants and demand are the applications of marketing
marketing is a great example of law of demand