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Briefly compare and contrast the concepts of needs wants and demands giving an example of each?
Human needs are states of felt deprivation. Needs are part of the human make-up; they are not created by external forces. Humans have a basic physical need for food, clothing, warmth, and safety; a basic social need for belonging and affection; and a basic individual need for knowledge and self-expression. Unlike needs, wants are not innate; instead, wants are needs shaped by culture, society, and individual personality. For example, an American needs food but wants a Big Mac and a soft drink. An American with ten dollars needs food, wants a Big Mac and soft drink, and demands lunch at McDonalds. Wants become demands when they are backed by consumers' buying power. Marketers conduct extensive research to understand customers' wants and demands. They then attempt to fulfill customers' wants and demands through their market offerings.
What is an example of mortgage direct mail?
A good example of a mortgage direct mail is when someone wants to close a sale on a house or building at the right time that is most beneficial to them.
What is a 'business aim'?
A business aim is a goal a business wants to achieve. An aim is something to do with the general direction of the business. For example "…to offer world class customer service at all times"
What is an example of a situation in which an organization would use a push strategy What is an example of a situation in which an organization would use a pull strategy?
An example of a situation in which an organization would use a pull strategy is when an organization wants to sell through many outlets. An organization would use a push strategy when they want to increase the knowledge of their brand in order to bring in more customers.
How do marketers create wants?
marketers can create wants ? support your ans
When was She Wants You created?
She Wants You was created in 1996.
When was The Bart Wants What It Wants created?
The Bart Wants What It Wants was created on 2002-02-17.
When was If She Knew What She Wants created?
If She Knew What She Wants was created in 1986.
When was Whatever She Wants created?
Whatever She Wants was created in 2001.
When was What Technology Wants created?
What Technology Wants was created in 2010.
When was She Wants Money created?
She Wants Money was created in 1984.
When was What Love Wants to Be created?
What Love Wants to Be was created in 2003.
When was She Wants Me created?
She Wants Me was created on 2012-04-05.
When was She Wants Revenge created?
She Wants Revenge was created in 2005.
When was Indiana Wants Me created?
Indiana Wants Me was created in 1970.
When was What She Wants created?
What She Wants was created on 1984-11-19.
When was All That She Wants created?
All That She Wants was created in 1992-11.
