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According to Peter Drucker, the aim of marketing is to understand and meet the needs of customers, thereby creating value for them. He emphasized that effective marketing should not only attract customers but also retain them by fostering loyalty and satisfaction. Ultimately, Drucker believed that marketing plays a crucial role in driving business success by aligning products and services with customer desires.
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What is the marketing effort done for?
The aim of the marketing effort is to satisfy the needs and wants of consumers
What are the elements of marketing?
There are nine parts or elements in Marketing. The Nine P's/9P's of Marketing can be used successfully by product and service companies selling directly or indirectly to consumers (B2C), to marketing intermediaries (such as industrial, consumer, retail, wholesale and professional channels of distribution), and to other businesses (B2B).As Management guru Peter F. Drucker once said: "The aim of Marketing is to know and understand the customer so well that the product or service fits him (her/it) and sells itself. And this is one of the reasons I created the Nine P's. "People" or Targeting was forgotten in the Marketing Mix, and is major, significant part of the Nine P's of Marketing.The Nine P's are composed of Planning, People or Targeting, Product, Price, Promotion, Place, Partners, Presentation and Passion.
Marketing strategy of vodafone in India?
Vodafone's marketing aim in the India is to retain market leadership.
What is peter brooks immediate theatre?
According Peter Brooks book, the theatre narrows life down from the first rehearsal, the aim is always visible, never far away, and it involved everyone.
What is Role of internal marketing communication?
internal marketing communication can be said or define as a key player in internal marketing within an organisation by passing across all internal information with the sole aim of acheiving organisational objective internal marketing communication can be said or define as a key player in internal marketing within an organisation by passing across all internal information with the sole aim of acheiving organisational objective
What is the difference between pure marketing and non-profit marketing?
Pure marketing is done with the only aim of getting a product sold whereas non-profit marketing is focused in making sure that a product will be availed by people for benefits to be achieved.
What are the role of markiting?
Marketing - is the act of promoting a business, product or service... with the aim of gaining more income.
What is targetr consumer?
A target market is a group of customers that the business has decided to aim its marketing efforts and ultimately its merchandise.
What are some benefits of using marketing consultancy?
The prime aim of any digital marketing consultancy is to supply the suitable help to client for his or her on-line promoting campaigns to get memorably successful outcomes for his or her businesses.
What are the examples for concentrated strategy marketing?
Rolls Royce cars aim its vehicles at the premium segment, same as Harrods within the UK.
Why is it difficult to have a single definition of marketing?
The complete integration of the economies of member states of the European Union.The aim of the European Single Market was to allow free movement of goods, workers and capital, with the aim of improving efficiency, and was intended to be complete by 1992.
What are the main marketing objectives and goals of coca-cola compony?
The Coca-Cola company's main aim is to become a household name and the drink of choice. The company conducts marketing in all parts of the world in order to be part of every culture.
