0
Marketing primarily satisfies existing needs and wants by identifying and delivering solutions that resonate with consumers. However, it can also create new needs and wants through innovative products and persuasive messaging that shape consumer perceptions and preferences. Ultimately, marketing plays a dual role in both responding to and influencing consumer behavior.
What else can I help you with?
Does marketing create utility?
No marketing not create utility. Marketing identify needs and wants of the people.
Does marketing creates needs and wants or needs and wants creates marketing?
In ideal situations, needs should create marketing. The best value comes when a marketing department identifies various needs and develops products that are going to meet those needs at a profit.
What is the idea that a business should strive to satisfy customers needs and wants while generating a profit for the firm?
It is the Marketing Concept.
Why is that the study and practice of marketing become useless exercise when consumers seek to satisfy their needs and wants at all costs?
do you agree that since consumers will search for their needs marketing becomes a useless excercises/
Importance of market research in developing marketing programmes to satisfy customer needs and wants?
The importance of market research in developing marketing programs is your marketing dollars will go further if you use it to build, nurture, and develop your customer relationships.
What is the marketing effort done for?
The aim of the marketing effort is to satisfy the needs and wants of consumers
Does marketing create utility?
No marketing not create utility. Marketing identify needs and wants of the people.
Does marketing creates needs and wants or needs and wants creates marketing?
In ideal situations, needs should create marketing. The best value comes when a marketing department identifies various needs and develops products that are going to meet those needs at a profit.
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
What is the idea that a business should strive to satisfy customers needs and wants while generating a profit for the firm?
It is the Marketing Concept.
Why is that the study and practice of marketing become useless exercise when consumers seek to satisfy their needs and wants at all costs?
do you agree that since consumers will search for their needs marketing becomes a useless excercises/
How does production help in satisfying needs and wants?
It provides products to satisfy your needs and wants.
Importance of market research in developing marketing programmes to satisfy customer needs and wants?
The importance of market research in developing marketing programs is your marketing dollars will go further if you use it to build, nurture, and develop your customer relationships.
The role and importance of marketing concept?
to satisfy the customer and producer's neds and wants
What is marketing shapes consumer needs and wants?
reflecting customers needs and wants
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
The power of a good or service to satisfy a human need is called utility?
To satisfy human "wants" and not "needs"
